Donate Stock, Invest In Education!

Did you know Minds Matter Portland accepts donations of stock?

 For philanthropically-minded investors, publicly traded appreciated stock can be among the most tax-advantaged items to donate to charity. Donating stock enables donors to potentially eliminate capital gains tax liability on the sale of the assets while allowing Minds Matter to receive the most money possible. 

What Is Appreciated Stock?

Appreciated securities are investments that have increased in value from the time they were purchased. For example, if a stock was purchased for $30 per share and sold for $50 per share, the stock has appreciated by $20 per share. When appreciated stock is sold, the owner generally realizes capital gains equal to the appreciation and is typically liable for either short-term or long-term capital gains taxes, depending on the length of time the investment was held. 

Charitable Tax Planning Opportunity: Donate Stock to Charity 

Making a direct donation of stock to charity is an opportunity for taxpayers to maximize their charitable impact. If a donor sells the stock first and then donates the cash proceeds to charity, the donor may be subject to capital gains taxes on the proceeds from the sale of the stock. But if a donor contributes appreciated stock held for more than one year directly to Minds Matter Portland, the donor can potentially eliminate capital gains on the sale and deduct the fair market value (FMV) of the donation, if the donor itemizes  

How Do I Donate Stock to Minds Matter Portland? 

You can work directly with your financial institution to explore options. Or, Minds Matter Portland partners with RBC Wealth Management, Inc. to make it easy for donors to directly contribute stock. 

Emily Aley or Tom Griffin can guide you through the process. Thank you for your generosity!

Email: emily.aley@rbc.com | Phone: 503-833-5209 

Email: tom.griffin@rbc.com | Phone: 503-387-8458