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Gifts of Appreciated Securities

When planning for future gifts, it is smart to consider both charitable intent and income tax efficient techniques. The kind of asset used to fund the gift is critical. Typically, donors look for ways to generate the most favorable tax benefits by giving long-term appreciated property such as publicly traded securities.

Advantages:

  • You receive a tax deduction on your federal income taxes for the market value at the time of donation.
  • You avoid long-term capital-gain tax on any appreciation in the value of the stock.

 

A COPY OF THE OFFICIAL REGISTRATION AND FINANCIAL INFORMATION FOR TAMPA GENERAL HOSPITAL FOUNDATION, A FLORIDA-BASED NONPROFIT CORPORATION (REGISTRATION NO.CH407), MAY BE OBTAINED FROM THE DIVISION OF CONSUMER SERVICES BY CALLING TOLL FREE 1-800 HELP-FLA (435-7352) WITHIN THE STATE OR VISIT THE FLORIDA CONSUMER HELP WEBSITE. REGISTRATION DOES NOT IMPLY ENDORSEMENT, APPROVAL, OR RECOMMENDATION BY THE STATE.