Giving Appreciated Stock
“Anyone who does anything to help a child in his life is a hero to me.”
SHOWCASE with Barbara Kellar airs Saturdays at 6:30pm and Sundays at 8:30pm on CET Arts.
Publicly Traded Stock
Your gift of publicy traded stock can help you and CET yield high returns for education, the arts and culture in our community.
Your gift of stock can also provide attractive tax savings. The first being that you can claim an immediate tax deduction. If the stock is worth more now than what you paid for it more than a year ago, you will be able to claim the full benefit of the stock’s current fair market value. You can also avoid capital gains tax when you donate as opposed to selling this appreciated stock.
You may find that these tax savings can help you make a larger gift than you originally thought possible. Giving stock can help you and CET convert your stock market gains into real community change.
Learning More
To learn more about giving publicly traded stock, mutual funds and other investments, please contact Sue Ellen Stuebing at (513) 345-6516 or sestuebing@cetconnect.org. We would be honored to work with you and your advisors as you consider your plans.
Please consult with your professional advisor for advice on the full impact of your charitable giving on your financial and/or legal circumstances.
