Did you know that by gifting appreciated stock to TFAS, you can support our transformational academic programs while giving less to the IRS?
By giving a gift of common stock held longer than one year, you avoid all capital gains taxation on the transfer, and TFAS receives the full value of the stock. This enables you to give more to TFAS and less to the IRS. Consider the huge capital gains that would be due if you sold, let’s say, Apple Inc. stock, which is up 1,119 percent over the past ten years. Or Netflix, which is up 1,348 percent over ten years. When you have invested so well, why give up so much of your gain in taxes?
It’s very easy to donate stock. Just contact your broker to transfer some of your holdings to TFAS. You can even set up regular gifts at predetermined intervals, such as the first Monday of each quarter.
Please contact TFAS directly at 202-986-0384 or email him at info@TFAS.org if you would like to make a gift of stock. We will need your name, your phone number, the name of the stock you are giving and the number of shares (e.g. 25 shares of Microsoft).
Be sure to take action ASAP to take advantage of this opportunity before the year end.