Appreciated Securities
A Tax-Savvy Way to Benefit from Growing Assets
Securities and mutual funds that have increased in value and been held for more than one year are popular assets to use when making a gift to Snowline Hospice. Making a gift of securities or mutual funds offers you the chance to support our work while realizing significant benefits for yourself.
When you donate appreciated securities or mutual funds supporting our mission, you can reduce or even eliminate federal capital gains taxes on the transfer. You may also be entitled to a federal income tax charitable deduction based on the securities’ fair market value at the time of the transfer.
Securities are most often used to support our work in the form of:
An outright gift: When you donate securities to Snowline Hospice, you receive the same income tax savings that you would if you wrote a check, but with the added benefit of eliminating capital gains taxes on the transfer, which can be as high as 20%.