Donating appreciated securities such as stocks, bonds, or mutual funds held for more than one year is an excellent way to support Hopeworks. Stock gifts are often simple to make and may provide greater tax advantages than an equivalent cash donation.
If you have owned the asset for more than one year, you may be eligible for an income-tax charitable deduction equal to its full fair-market value. Plus, if the stock has appreciated, you can avoid paying capital-gains tax on the increase in value. Please consult your tax advisor or financial manager to understand how these benefits apply to you.
HOW TO MAKE A STOCK GIFT
To ensure a smooth process, please contact our Development Team at 856-288-3356 or development@hopeworks.org before initiating your transfer. We’ll need: