For many, a gift of appreciated securities held more than one year may be the most advantageous way to make a gift. A gift of stock often results in both the avoidance of the capital gains tax and a full income tax deduction based on the valuation of the gift on the date the stock is transferred to the Foundation.* Stock gifts are a great way to create a named Legacy Fund. For information on how to make a stock gift to the Foundation, please call Jennine Duda at 651.288.4323.
* Please consult with your tax advisor to determine the specific tax benefits for your situation.