Did you know that gifting appreciated stock can be more beneficial than giving cash? It’s true…the realized “cost” of your gift is often less than the deduction you gain by making it.
You may transfer appreciated stocks, bonds, or mutual fund shares that you have owned for more than a year to Community Food Share. We will then sell your securities at the appropriate time and use the proceeds to support our efforts to impact local hunger.
You may use our Stock Transfer Form to facilitate the gift.
Gifts of appreciated stock provide the donor an immediate income tax deduction for the fair market value of the securities on the date of the transfer (even if you originally paid much less for them). Additionally, you pay no capital gains tax on the transfer when the stock is sold.