Stock Market’s Up, Great Time To Give Stock

Make the government a partner in your charitable priorities with a donation of appreciated stock or IRA shares instead of cash.

Thinking of making a donation to NepRWA this fall? With the stock market at record highs, don’t overlook the benefits of making a gift of appreciated stock or IRA assets rather than a cash donation.

Its easy to donate appreciated stock to NepRWA. Simply contact your broker, tell them how many shares to donate, and give them our contact info. Its easy for them to transfer the shares to NepRWA electronically without even having to liquidate them.

By giving appreciated stock rather than cash, you’ll avoid capital gains taxes and be able to deduct the full pre-tax value of the shares from your personal income taxes. Its a great way to make the government a partner in supporting your charitable priorities.

If you are age 70 1/2 and facing a required distribution from a traditional IRA, you can also donate stock or other securities directly from your IRA. Donating retirement assets will reduce your income taxes even if you don’t itemize deductions.

To learn more about donating stock, setting up a bequest or other planned giving strategies, contact our Development Director, Dee Mullen, at 781-575-0354 x 303 or mullen@neponset.org.

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