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Two Year–End Gifts to Consider

  • Gifts of securities that have gone up in value can enable you to do far more for charity.  Friends who give appreciated stocks, bonds and mutual fund shares held more than one year receive tax deduction savings from the full current value of their investments, not just the original cost.  Donors also avoid the capital gains tax they would owe if they sold the shares.

  • Arrange a life-income gift.  In exchange for a gift of cash or stock, donors can receive payments for life, as well as income tax charitable deductions, from their gifts to fund charitable gift annuities and charitable remainder trusts.

To guarantee a charitable deduction for 2017, gifts must be complete by December 31. Gifts of stock generally may be completed in a few days, while gifts of mutual fund shares and life-income gifts may take several weeks to complete, so if you're considering such gifts, you should begin the process soon.


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