Gifts of Appreciated Stock Leverage the
Benefits of Giving
By giving appreciated stock that has been held for over one year,
donors enjoy enhanced tax advantages over gifts of cash. They
may deduct the full face value of the security (the average of the
high and low on the date of the gift). Then, because the UNC
Asheville
Foundation, Inc. is a tax exempt charitable organization, it can sell the
stock at its current market value and use the proceeds for
charitable purposes without having its value diminished by capital
gains tax.
Donors may make gifts of appreciated marketable securities by one of the following ways:
- Direct transfer from the donor's account to the UNC Asheville Foundation's account with the same firm.
- DTC transfer from the donor's brokerage account to a Foundation account with a different brokerage firm.
- Delivery of stock
certificates along with signed stock powers (in person or by mail) to the UNC Asheville Development Office.
- Re-register of ownership of
donor's shares to the Foundation.
We encourage donors and/or their brokers to contact
the Development Office to receive
instructions for the transfer of securities. To facilitate such
transfers, please contact Julie Heinitsh at 828/232-2430 or at jheinitsh@unca.edu.
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