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Securities

Gifts of Securities

Stock that has increased in value is one of the most popular assets used for charitable giving, once it has been held for more than one year. Making a gift of securities to us offers you the chance to help the Trinity Foundation while realizing many important benefits for yourself. A stock portfolio is often among the most valuable assets you own—and one that can carry substantial capital gains, or appreciation in value.

With careful planning, you can reduce or even eliminate federal capital gains tax while supporting the Trinity Foundation.

  • You give securities to the Trinity Foundation.
  • You receive an income tax deduction
  • The securities are sold and the Trinity Foundation receives the cash proceeds.

As stock prices increase, so do the taxes you owe on the long-term capital gain. When you donate publicly traded stock you've owned for more than one year to a qualified charitable organization such as the Trinity Foundation, you may qualify for two major tax benefits:

  • You will be exempt from paying capital gains taxes on any increase in value; taxes you would pay if you had otherwise sold the securities.
  • You are entitled to a federal income tax deduction based on the current fair market value of the securities, regardless of the original cost.

The income tax deduction for long-term capital gain property is limited to a percentage of your adjusted gross income in the year you make the gift, but your excess deduction is deductible for up to five additional years. It is important that you consult your financial or legal adviser who can provide you with additional information on the benefits of donating stock.