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Gifts of Appreciated Securities
(Important reminders)
DON'T
Don't sell stock first and then give Yale the proceeds.
Even though you will receive a deductions, you will pay capital gains tax on
the sale, eliminating a key tax benefit of your gift.
Don't contribute securities that have declined in value. The fair-market value deduction rule works against you: if you bought the stock for $50,000 and it's now worth $30,000, your charitable deduction will be limited to $30,000. You won't be able to claim a capital loss by making the transfer to us, either.
INSTEAD
Sell the depreciated stock, claim the resulting tax loss as a deduction, then
make a deductible cash gift to Yale with the proceeds.
For more information
Email us, complete the personal illustration form, or call us at 1 (800) 445-6086 so that we can assist you through every step of the process.