New Moms gratefully accepts gifts of publicly traded stocks and other types of public securities, such as mutual funds, treasury bills, and notes.
Contributing long-term appreciated securities will also help both you and New Moms! Here’s how:
If you sell appreciated securities, you will incur a capital gains tax.
However, if you use appreciated securities to make an outright gift to The Lighthouse:
- You avoid the capital gains tax.
- You are allowed a charitable deduction for the fair market value of the asset.
- Finally, the cash that you would have used to pay the capital gains tax (had you sold the asset) is now available for other uses.
Accordingly, there are three terrific advantages for you- and a fantastic gift that will help us to serve teen moms and their babies.
In order to do contribute stock to New Moms, you can transfer the asset directly into our account electronically, or you can send us the endorsed stock certificate directly via registered mail.
To make a contribution today, please contact:
Frank Williams of Stifel,
Nicolaus & Company,
Inc.
312/454-3802 - or - 800/745-7110
williamsf@stifel.com
