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:
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.