|
|
Gifts Of Appreciated Stock
|
Parents for Public Schools of Jackson presents Juliet Frate with the 2005 Outstanding Educator Award at Davis Magnet School. Frate, the school counselor and IB Coordinator, was one of six JPS educators chosen to receive the award. PPS makes the awards in partnership with the Outstanding Educator Award Fund of the Community Foundation of Greater Jackson. Shown are, from left, PPS Parent Advocate Dana Larkin, Davis Principal Cassandra Williams, Frate, PPS Executive Director Susan Womack and CFGJ Director of Programs Ellen Collins. The fund was established with a gift of appreciated stock by an anonymous Jackson couple. |
Everybody wins when you make a gift of appreciated stock to your community foundation. Your gains are put to good use. Your gift of stock is reinvested in your community and qualifies for an immediate tax deduction equal to the full fair market value.
Here’s how it works:
You make a gift of appreciated stock to your community foundation.
Your gift can be placed in any of our charitable funds. For example, you to create a Donor Advised Fund in your name or your family’s name.
Your gift qualifies for a tax deduction based on the full market value of your stock; plus, you avoid the capital gains tax that would arise from the outright sale of this stock.
Generating a return for your community. Putting stock in charity is a good thing for everybody. Stock gifts can provide the means for giving to our community. Some of our local charities are too small to accept direct stock gifts, but through the Community Foundation it is possible to help. It’s a simple and rewarding way to give.
Why donate gifts of appreciated stock? You can use your stock to establish a charitable fund that benefits the local agencies and programs you care about most. Set up a scholarship fund. Support special programs for at-risk youth, senior citizens, or other people in need. Address environmental concerns. Support the arts. We’ll help you fulfill your personal charitable goals. And we can do it through a fund established in your name, in the name of your family or business, or in honor of any person or organization you choose.
| |
| |
