A donor wants to make a $20,000 outright gift to your organization. What's the difference to his bottom line if he: 1) writes a check for $20,000, or 2) gifts the stock, or 3) sells the stock and gifts the proceeds?
Treasury bonds, bills and notes have their own characteristics, so it's worth taking a look at what defines each of them, and how they may make for advantageous gifts.
WHO: Gifting closely held stock works if the corporation involved is a C-corp.
When a benefactor decides to make gift of mutual fund shares, he or she must contact their plan administer, follow their instructions and complete the required paperwork.
Things to keep in mind:
The following is a review of mutual fund basics -- more for your personal consumption than it is directly applicable to fundraising.
There's one key tax issue with Mutual Funds: the
Why exactly does it matter which shares from a mutual fund are being gifted? The answers to that question have to do with a) eligibility rules, and b) how the gifted shares are vaulted.
Publicly Held Securities can be a great asset to give if: