Minnay Development Foundation

Donations

Stock Gift

Stock Gifts

Gifts of Securities
A donor who owns appreciated securities (held more than 12 months), can benefit in two ways by making a gift of securities to Minnay Development Foundation.

He or she will be able to claim a charitable income tax deduction for the full value of the shares. The deduction is limited to 30 percent of the donor's adjusted gross income in the year of the gift. As with outright gifts of cash, any amount exceeding the contribution ceiling can be carried forward and deducted for up to five more years.

The donor will avoid the capital gains tax that would have been due if he or she sold the shares.

Tax Benefits of Your Gifts
If your gift stocks or bonds you have owned for at least one year, you will be eligible for a deduction for the full mean market value of the security on the date that Minnay Foundation receives it. You can utilize this deduction for up to 30 percent of your Adjusted Gross Income (AGI) and carry forward any unused portion for up to five additional tax years.

Gifts of securities to the Foundation may be handled in several ways. You may make your gift by (1) electronic transfer, (2) by mail, or (3) by hand delivery. To assure proper crediting and distribution of your gift, or if you have any questions regarding gifts of securities, please call or write us.

Return to Donate Page

Home Mission About Us Projects Donations Contacts

Stock Gift	Stock Gifts
	Gifts of Securities A donor who owns appreciated securities (held more than 12 months), can benefit in two ways by making a gift of securities to Minnay Development Foundation. He or she will be able to claim a charitable income tax deduction for the full value of the shares. The deduction is limited to 30 percent of the donor's adjusted gross income in the year of the gift. As with outright gifts of cash, any amount exceeding the contribution ceiling can be carried forward and deducted for up to five more years. The donor will avoid the capital gains tax that would have been due if he or she sold the shares. Tax Benefits of Your Gifts If your gift stocks or bonds you have owned for at least one year, you will be eligible for a deduction for the full mean market value of the security on the date that Minnay Foundation receives it. You can utilize this deduction for up to 30 percent of your Adjusted Gross Income (AGI) and carry forward any unused portion for up to five additional tax years. Gifts of securities to the Foundation may be handled in several ways. You may make your gift by (1) electronic transfer, (2) by mail, or (3) by hand delivery. To assure proper crediting and distribution of your gift, or if you have any questions regarding gifts of securities, please call or write us.








	Return to Donate Page