Make a Gift of Impact - Stocks

Your stocks might get pulses racing on Wall Street, but here at the Connecticut Humane Society, they keep our hearts beating, tails wagging and purrs rumbling.

“Contributions of stock and securities are fast, easy and have some distinct tax advantages. Best of all, I’m able to make a more significant gift without impacting my current cash flow!” says C. Burchill, a longtime donor who regularly utilizes gifts of stock to fund pets.

A gift of appreciated securities held for more than one year may provide significant benefits to you as a contributor, such as:

  • Entitling you to a charitable income tax deduction for the fair market value of the gifted securities as of the date of gift.
  • Eliminating capital gains tax that would ordinarily become due if you had sold the appreciated securities on the open market and donated the proceeds from the sale to charity.
  • Claiming your charitable deduction against up to 30% of your adjusted gross income. Any unused deductions can be carried forward over the next five years.
  • Providing a way to help you to achieve your long-term financial objective of reducing your income and estate taxes.

If you have securities that have declined in value over the years and are interested in donating them to charity, you may find it more advantageous to sell the securities first and contribute the proceeds to charity as opposed to donating the securities outright. This strategy should allow you to claim a deduction for both the loss from the sale of the securities as well as the charitable gift.

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 fill out this form to notify us of your gift. Stock donations transfer to CHS’s account with no accompanying donor information. In order for CHS to identify your gift and appropriately acknowledge your generosity you will need to provide us with the gift details in advance. The brokerage information for processing the transfer will follow in an automated email that you will receive after you submit the form. 

Make a Gift of Impact - Stocks

Connecticut Humane Society

701 Russell Road, Newington, CT 06111
800-452-0114 | FAX 860-665-1478   info@cthumane.org 
The Connecticut Humane Society is a 501(c)(3)
non-profit organization. EIN: 06-0667605
Copyright 2013 Connecticut Humane Society

Copyright 2013 Connecticut Humane Society