Donate Stock

Most people think of cash when they consider making a charitable contribution, but a gift of shares of stock or mutual funds (securities) may be a wiser choice. Stock gifts have several advantages over cash.

Your securities donation can deliver significant tax advantages over a cash donation, allowing you to donate more to helping eliminate lung disease at less cost to yourself.

The benefits available to you when making a contribution of stock or mutual funds to Breathe New Hampshire may include:

• Avoiding federal and state tax on the capital gain.
• Receiving an income tax deduction (federal and most states) for the full market value of your gift if you itemize deductions on your tax return and have held the assets one year or longer.
• Making a larger gift at a lower original cost to you.
• At the end of the calendar year, when tax breaks and timing are critical, securities can be deducted on the date you transfer them.

Before you make a gift of appreciated securities, however, you should consult your financial planner or tax advisor to determine how the potential tax advantages described here apply to your specific situation.

Important facts to remember:

• You must itemize your tax return in order to deduct a charitable donation.
• You must have owned the securities for at least one year before donating them, or you will be limited to a deduction of your original purchase cost of the securities.
• We encourage you to consult your financial planner or tax advisor who can assist you in evaluating the tax advantages available to you when making a donation of appreciated securities.

Please contact Breathe New Hampshire at 603.669.2411 or email info@breathenh.org with any specific questions.