Appreciated Securities

End of Year Donation Can Pay You Huge Dividends

A gift of long term appreciated investment securities to CLC can afford you two enormous benefits of paying NO capital gains tax and a charitable deduction equal to the current fair market value of the securities. As the end of the tax year draws near, this could be one of the smartest ways to make a much appreciated and needed contribution to CLC.

For example . . . If you currently hold shares of stock valued at $50,000 for which you paid $5,000 over a year ago, and sell it today, the capital gains paid on your federal income tax return would be $6,750. But if you donate the securities to CLC, you avoid the capital gains tax and can claim a charitable income tax deduction of $50,000.

Always check with your financial advisor to verify how the latest tax laws impact you.

Please contact Barb Schuler at (248) 478-0870 if you have an questions regarding a stock transfer to CLC.