If you have appreciated securities (stock, bonds and/or mutual funds) that you have owned for at least one year, you may want to consider contributing them as a gift to the Boys & Girls Clubs of Greater San Diego for the following benefits.
Bypass capital gains taxes
By contributing securities that have appreciated in value to the Boys & Girls Clubs of Greater San Diego, you bypass the capital gains taxes you would otherwise owe if you sold the securities.
Take a charitable tax deduction
For federal income tax purposes, including alternate minimum tax purposes, you can deduct the value of the securities on the date of your contribution. The net value of your contribution is the average between the high-and-low-quoted selling price of he date that the securities passed from your control. The Boys & Girls Clubs of Greater San Diego will acknowledge your gift in writing.
Take advantage of the ease of giving stock and/or securities
Many gifts can be transferred simply by picking up the phone. Call
Jeff Miller at (760) 746-3315 and let us take care of the rest.