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Points of Consideration When Gifting Stock:

Gifts of Stock-Points to Consider.pdf

I'd Like To Transfer Stock
To Blue White

Gifts of Stock- How to Wire Transfer Sto

Advantages of Appreciated Stock held for a minimum of 1 year
  • Avoid capital gains tax on the increase in value.

  • Receive an income tax deduction for the full Fair Market Value (FMV is the current value of the stock on the Date the Gift is made and NOT the original basis which is the amount you paid to purchase the stock).

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Example: If you purchased some stock many years for only $1,000 and it is now worth $10,000, an outright gift of stock to Blue White Scholarship Foundation would result in a charitable contribution deduction of $10,000. In addition, there would be no tax on the $9,000 appreciation.

Gifts of appreciated stock are fully tax deductible-up to a maximum of 30% of your adjusted gross income. For example, if your adjusted gross income for this year is $100,000, up to $30,000 of long-term appreciated stock and other property gifts may generally be deducted this year. Any excess can generally be carried forward and deducted over as many as five subsequent years.