About the Foundation
Events Calendar
Donate Online
Friends of Saint Francis
The Associates
Your Donations At Work
Memorial Wall
Shenson Memorial Art Gallery
Planned Giving
Board Members and Officers
Contact Us
Board Member Access
September 16th, 2010
Saint Francis Gift Annuity
Appreciated Securities
When you give the Saint Francis Foundation appreciated marketable securities that you have owned long term, you receive a tax deduction for the full value of the gift. Long term is defined as more than one year and a day. Furthermore, neither you nor the Foundation will have to pay the capital gains tax. Several of our members have already chosen this means to give an end-of-year gift.
As the end of the tax year draws near, giving appreciated securities may be an easy way to make a significant donation to the Saint Francis Foundation while also enjoying tax benefits.
How Does It Work?
If you purchased stock a few years ago for $1,000 and it is now worth $5,000, an outright gift of the stock to Saint Francis Foundation would result in a charitable deduction of $5,000. Additionally, there would be no capital gains tax on the appreciated value of $4,000.
How Can I Give an Appreciated Securities Gift?
A charitable gift with tax advantages can be accomplished as follows: Inform your broker you wish to make a transfer of securities as a charitable gift to the Saint Francis Foundation. Ask your broker to contact Ms. Gay Morton, Saint Francis Foundation's controller at 415-353-6652. She will ensure your gift is properly credited as well as coordinate the transfer with your broker.
