Chicago

Gifts of stocks and bonds provide donors with an opportunity to receive a tax deduction for the market value of the securities, computed on the day of transfer, while avoiding payment of capital gains on a stock’s appreciated value.  The IRS provides one of its most significant tax breaks for donations of appreciated securities.  Donors are encouraged to consult with their financial advisors.

How it works:

• You make a gift of appreciated stock to America SCORES.
• That donation can be applied to National or any of the America SCORES’ 13 affiliates.
• Your gift qualifies for a tax deduction based on the full market value of your stock; you avoid the capital gains tax that would otherwise arise from the sale of this stock.
• America SCORES staff will handle all administrative details.
• America SCORES staff will send you a receipt that can be used for tax purposes.

If you would like to make an appreciated stock donation, please contact Caroline T. Turner at 212-868-9510 x307