Giving the Gift of Stocks

Gifts of appreciated stocks or mutual fund shares can have an instant, beneficial impact to WILL and result in an income tax deduction for you.

They can be gifted to WILL without triggering capital gains taxes, by having your broker electronically transfer them directly to WILL’s account. You want to avoid selling the assets and then making a gift of the proceeds because that triggers a capital gains liability for you.

 

THIS TYPE OF GIFT IS RIGHT FOR:

Those with appreciated stocks. You can gift the stock to WILL and avoid paying capital gains taxes.

 

WHAT ARE THE BENEFITS?

You will receive a charitable income tax deduction that is equal to the fair market value of the stock.

You can avoid paying capital gains taxes while supporting WILL.

 

TO INITIATE THE PROCESS:

Contact WILL Director of Development, Lesley Luehrs for the account and DTC numbers to give to your broker. Please provide Lesley with your name, phone/contact information, the name of the stock you are giving, the approximate value and the number of shares.

Fiduciary: Vanguard

Account: Wisconsin Institute for Law & Liberty

Tax ID: 45-1606079

 

WILL is a tax-exempt nonprofit public charity under Section 501(c)(3) of the Internal Revenue Code.  Donations, bequests, devises, and gifts to WILL are tax deductible under Sections 170, 2055, 2106, and 2522 of the Internal Revenue Code.

LESLEY LUEHRS

LESLEY LUEHRS

Development Director

Lesley@will-law.org

414-617-1144

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