Gift of Stock

Keep your tax deductions in mind

Next to cash, readily marketable appreciated securities are the most commonly donated assets to the California Homebuilding Foundation.

When you donate appreciated securities, you generally do not incur any capital gains tax. You also may be eligible to receive a federal income-tax charitable deduction (up to 30 percent of your AGI with a five-year carryover) for the securities’ full fair market value, if you have held them long term (i.e., for longer than 12 months). If the donated securities were held short term (i.e., 12 months or less), your deduction may not exceed your cost basis.

Because a gift of appreciated securities generally avoids capital gains taxes, this type of gift may have a lower after-tax cost to you than an equivalent gift of cash.

 

CHF also welcomes donations of bonds and mutual fund shares

Before making a gift to CHF, we recommend consulting with your financial, tax, and legal advisors for a thorough analysis of your individual situation and to learn about tax consequences. Doing so may assist you in deciding the best method of giving to CHF.

If you are considering making a gift of securities to the California Homebuilding Foundation, please contact Terri Brunson at (916) 340-3340 or email tbrunson@mychf.org for procedural information.