Your investments can also be an excellent source for charitable gifts. Contributing appreciated stocks, mutual funds, and other securities can provide you with substantial tax benefits.
Benefits of Gifting Investments
If you own appreciated securities, you may incur a significant capital gains tax on disposition. However, by gifting those assets to the FSGA, you will avoid the capital gains tax while enjoying a federal income tax deduction for the full value of the securities.
- Avoid capital gains tax
- Full tax deduction for the fair market value (FMV) of assets contributed
- Maximize gift value to FSGA
