When you make a gift to NEA of stocks, bonds or shares in mutual funds, you may be able to make a larger gift than otherwise possible while gaining a tax benefit.
By donating stocks or other securities, you may:
- Earn a charitable deduction for the full fair market value of the securities
- Avoid capital gains tax on securities that have increased in value (provided you have owned them for one year)
Your financial planner or accountant can provide you with information on the tax advantages of donating stock, bonds or mutual fund shares.
Please contact us at [email protected] or have your broker notify us of the transfer in advance, so we can provide you with a prompt acknowledgment to serve as your tax receipt.