Smart Giving – Appreciated Stock
What is Appreciated Stock, and Why is It a Smart Donation?
Appreciated stock refers to stocks, bonds, or mutual funds that have increased in value since you purchased them. Donating appreciated stock to a nonprofit is one of the most tax-efficient ways to give. When you transfer appreciated stock directly to a qualified charity, you avoid paying capital gains taxes on the increase in value, which could save you up to 20% or more in taxes.
Additionally, you can claim the full fair market value of the stock as a charitable deduction if you itemize your taxes. This means your gift costs you less while delivering maximum impact for the cause you support. It’s a win-win strategy that allows you to make a meaningful difference while optimizing your financial benefits.
Donating stock to Career Girls is easy. Please submit our Stock Donation Query form to get started.
Career Girls is a 501(c)(3) nonprofit organization Tax ID# 45-4825616. Always speak with your tax advisor first to discuss if this option is right for you.
Learn About More Win-Win Strategies
Involve your place of work. Ask to include Career Girls in their annual philanthropy. Many companies such as Microsoft, IBM, and Google either match employee donations or contribute money for each volunteer hour. Learn more.
Use your Donor Advised Fund (DAF). Initiate a donation from your DAF or use this donation link for DAF Direct. Learn more.
Donate with qualified charitable distributions (QCDs). Especially if you are aged 70½ or older, this could provide significant tax savings if you have minimum required distributions (RMDs) from an IRA. Learn more.
Help Fund The Demand For Career Girls Clubs. It is vital to serve the girls that want our help the most. Keeping Career Girls Club free means that cost will not be a barrier to implementation. With your support, we will continue to expand this free, all-inclusive program, including lesson plans, activities, and supplies. Career Girls Clubs inspire students to achieve greatness, gaining a broader understanding of career possibilities as they develop soft skills and learn the steps required for success.
Career Girls Club creates compassionate young leaders with a 20-week program that blends career advice with character development, promoting the value of integrity, empathy, financial literacy, social skills, writing, choosing friends, and building confidence.rnrnEnjoy these Career Girls Club highlights!
Career Girls is a 501(c)(3) nonprofit organization (Tax ID# 45-4825616). Your contribution is tax-deductible to the full extent allowed by law.