Giving Stock to FeedMore WNY
If you’re looking for a way to support FeedMore WNY and reap the tax benefits of planned giving, a gift of stock might be right for you.
Anyone can make a gift of stock, no matter your net worth. You can donate appreciated stock directly, or transfer it to a Donor-Advised Fund (DAF). Both options provide immediate tax benefits, although a DAF will also allow you the option to continue donating over time as the stock appreciates.
The benefits of donating stock
-Avoid paying capital gains tax
-Get a tax deduction for the full fair market value of the stock at time of transfer
-Ensure the full value of your gift is used in accordance with your wishes
-Increase your itemized deduction during tax season
-Support FeedMore WNY’s mission and help fight hunger
If you’re interested in donating stock, FeedMore WNY recommends speaking with an estate attorney or financial planner to review your options and what is in your best interest.
If you wish to make a gift of stock, contact Judy Burnett Christian, Annual Fund Director, at (716) 822-2005, Ext. 3056, or at jchristian@feedmorewny.org, to receive the necessary stock transfer credentials.
