A gift of appreciated securities offers a WIN-WIN for both donor and BG. Instead of selling stock and donating proceeds, donate the shares instead and avoid the capital gains tax.

Example (illustration only; not legal advice): Joe owns 1,000 shares of a publicly traded stock valued today at $100. He could donate the shares and the school would receive the full value of $100,000 (1,000 shares x $100). Joe would not need to pay capital gains tax and have a charitable deduction for the full amount.

Say he purchased the shares for $50 each over a year ago. If Joe sells this stock and gives the proceeds to BG, at his current tax rate, he would pay $7,500 (15%)  on his $50,000 profit. If Joe were to transfer the 1,000 shares to BG, a tax-exempt charitable organization, he would pay no capital gains tax and could donate the full amount.

Your brokerage will simply transfer the shares directly into BG’s brokerage account upon your instructions.

Our broker will work with you or your broker to facilitate the transaction. 

Contact us for more information at advancement@bguilfoyle.org.

Note: Don’t sell your securities first. The IRS will impose capital gains tax on your sale. To learn more, contact the Advancement Office at advancement@bguilfoyle.org.