Gift of Shares and Stock
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Did you know that when you sell shares – even to donate the proceeds to charity – a significant portion will be taxed? This reduces the impact of your donation because 50% of the shares’ appreciated value is forfeited as tax.
When you transfer ownership of your shares to Impactus, no capital gains tax is paid. Because our broker liquidates donor-transferred shares, the full value of your gift goes to our efforts for life – not the government. |
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How It Works
Scenario: you purchased stock for $7,000 and over time, the value of the stocks rose to $25,000. The capital gains of your investment would be $18,000.
If you were to sell the stock, tax on the capital gains would be approximately $9,000 (based on a 50% tax rate). Whereas if you donate the stock in-kind, directly to Options for Independent Living and Development, you would pay $0 income tax on the capital gains.
The cost of donating the shares directly to Options for Independent Living and Development would save you $4,500. See below for a detailed breakdown.
Scenario: you purchased stock for $7,000 and over time, the value of the stocks rose to $25,000. The capital gains of your investment would be $18,000.
If you were to sell the stock, tax on the capital gains would be approximately $9,000 (based on a 50% tax rate). Whereas if you donate the stock in-kind, directly to Options for Independent Living and Development, you would pay $0 income tax on the capital gains.
The cost of donating the shares directly to Options for Independent Living and Development would save you $4,500. See below for a detailed breakdown.
Tax on Capital Gains
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Total Cost of Donation to You
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