With the stock market regularly breaking records at the closing bell, many of your investments are likely worth more today than what you originally paid for them.
Time to sell? If you do, you might have to pay capital gains taxes. There’s a better option that provides you with valuable tax incentives as well as the satisfaction of supporting a cause close to your heart: Give your stock to Institute for Shipboard Education.
When you give ISE/SAS appreciated securities that you’ve owned for more than one year, you will receive two tax benefits:
To realize full tax benefits from your gift, keep the following IRS guidelines in mind:
If you have the physical securities:
If you don’t have possession of the physical securities:
To discuss using your stock holdings to support our mission, feel free to contact Susan Sigman at 970-492-4557 or firstname.lastname@example.org. Together with your advisor, we can help you fulfill your charitable goals and protect your assets from unnecessary taxes.
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.