OUR COMMUNITY'S FOUNDATION

 

Everybody wins when you make a gift of long-term appreciated stock to your community foundation. 
 

By giving stock via your community foundation, you can avoid the capital gains taxes that would be due as a result of its sale, while creating a charitable fund that reflects its full market value to benefit the local causes and organizations you care about most. With gifts of appreciated stock, your stock market gain translates into community impact, so you get a more rewarding return on your portfolio. You can create any type of charitable fund - support special programs for at-risk youth, senior citizens, or other people in need; a scholarship; or support the arts, for example.
 
Appreciated stock is a popular gift for Donor Advised Funds. With just one transaction to donate the stock to Our Community's Foundation, a donor can make a gift to create a charitable fund from which he or she can later support multiple charitable interests and causes.

 

 

“Our stock returns provided the means for giving to our community,” say Joanne and Gerald Johnson (name changed at the request of the donor). That’s why they joined the many people who choose to contribute appreciated stock to open a Donor Advised Fund. Last year, the Johnsons helped fund a local family outreach program, a homeless shelter, and a local theatre group. “Some of our charities are too small to accept direct stock gifts,” says Joanne. “Giving through the community foundation eliminates that barrier as we can use our donor advised fund to support many different types of charitable causes.” The Johnsons receive a tax deduction on the full market value of their appreciated stock, while avoiding the capital gains tax that would otherwise arise from the sale of this stock. Gerald says, “It’s a simple, satisfying way to give.” As a public charity, Our Community's Foundation pays no tax on the gain as the stock is cashed.

 

There is so much more we’d like you to know. For more information and ideas on ways to integrate your financial planning with charitable giving, we suggest that you consult your personal professional financial advisor or contact our Executive Director at director@pacfwv.com or 304.428.4438 (toll free 1.866.428.4438).