Your broker can assist you in making a gift of stock via a direct transfer to The Shirley Mae Dove Foundation in Southwest Florida. Giving a gift of publicly traded stock that has increased in value and that you have owned for more than one year may provide greater tax benefits than giving cash. Your charitable income tax deduction is equal to the fair market value of the stock and you avoid paying the capital gains tax on any increase in the current value over the original cost of the stock. You may also save by not incurring brokerage fees because you are transferring ownership rather than selling the stock.
Your broker can assist you in making a gift of stock via a direct transfer to The Shirley Mae Dove Foundation in Southwest Florida. Giving a gift of publicly traded stock that has increased in value and that you have owned for more than one year may provide greater tax benefits than giving cash. Your charitable income tax deduction is equal to the fair market value of the stock and you avoid paying the capital gains tax on any increase in the current value over the original cost of the stock. You may also save by not incurring brokerage fees because you are transferring ownership rather than selling the stock.
Planning a Fundraising Activity? We are honored to be contacted so often by passionate members of our community wanting to organize an event or promotion benefiting breast cancer treatment and financial help to those who need it.. The Shirley Mae Dove Foundation in Southwest Florida partners with others because it benefits both parties in terms of helping those in need.
We want to make this process as simple as possible. In order for us to give each event and/or promotion request its due attention, we ask that if you are interested in entering into an agreement with Shirley Mae Dove Foundation , please contact us at 239-603-2941 or email us here at shirleymaedove@gmail.com
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Susan G. Komen
