Donating Appreciated Stock
The Explorers Club is pleased to accept gifts of publicly traded appreciated stock. If you own stocks, bonds or mutual funds that have appreciated in value and have owned them for at least one year, you have an opportunity to realize tax savings by making an outright gift of stock.
A gift of appreciated property lets you bypass capital gains tax that could be due if you sold the asset. You are also entitled to a charitable deduction based on the property’s current value, including the “paper profits” you have earned since you have owned it.
Please be advised The Explorers Club does not provide tax advice or information. Please contact your tax attorney or accountant with any questions. To make a donation, contact Paul Schuchert, Executive Director at 212-628-8383 or by email: .(JavaScript must be enabled to view this email address)
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