The IRS allows you one of its most significant tax breaks for gifts of appreciated securities. Giving securities, including stocks, bonds or stock certificates is a secure and convenient way to make a gift to Thomas Edison State College. Typically, donors using this form of support transfer securities from their account to the College’s account.
Benefits:
- You receive gift credit and an immediate income tax deduction for the fair market value of the securities on the date of transfer, no matter what you originally paid for them.
- You pay no capital gains tax on the securities you donate.
- You can direct your gift to a specific fund or purpose.
- You have the satisfaction of making a gift now or funding a life income gift that benefits Thomas Edison State College later.
If you have questions, you can contact Development Office at (609) 984-1588.