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Gift Planning |
Gift Annuities |
Gifts of Stock |
Other Income |
Bequests |
Legacy Leaders |
Endowed Fund |
Workplace Giving
Giving Stock and other Securities to NRDC
You can give a powerful gift to NRDC and gain a powerful tax
advantage for yourself by giving stocks or mutual fund shares that have appreciated in value.
If you choose to give securities that you have held longer than one year to NRDC, you can avoid
all capital gains tax liability on the appreciation. In addition, you can take a charitable income tax
deduction for the full current market value of the securities -- up to 30 percent of your adjusted
gross income -- with up to five additional years to carry-over the deduction. This option is especially
attractive if you have long-term stock holdings that have greatly grown in value.
You can also "balance" capital gains through a charitable gift of appreciated securities to NRDC.
Under this alternative, you give part of your shares to NRDC while selling the remainder.
In consultation with your financial advisor, you can determine the gift amount that will exactly
offset the gain from the sale of the remainder of your securities.
If you own securities that have decreased in value from the amount you paid for them, you should
consider selling the stock and making a gift of cash to NRDC. This ensures you can take a
capital loss deduction on your income tax and a charitable deduction for the full amount of the
donation.
Completing your gift of securities
Making gifts of appreciated securities need not be complicated. If your securities are held in
"street name" at a brokerage, ask that they be electronically transferred to NRDC. This is often
the most convenient way to complete the transfer. For more information on transferring
securities, just send NRDC an email addressed to ritwaru@nrdc.org.
If you have possession of stock certificates, send the unendorsed certificate to NRDC at the
address below. In a separate envelope, send a signed stock power (available from us or from your financial services provider), to the same address
Because the postmark determines the date of the gift, it is important to mail both envelopes on the same day.
NRDC
attn: Rita Itwaru
40 W. 20th Street
New York, NY 10011
When giving securities, be sure to consult with your financial advisors and/or
attorney. Additional time should be allowed for completion of such gift transactions.
Giving while retaining income
For many people, investments in securities represent a nest egg they plan to rely on for income
and security in later years. A number of plans allow thoughtful donors to make gifts while
retaining a fixed or variable income for life or for a specified period of time. Through the use of
such plans, it can be possible for appreciated securities to be sold and reinvested with reduced or
eliminated capital gains tax. The entire value of the contributed asset is then available to
experience greater earnings than might otherwise be achieved.
You can thus make a significant future gift, while increasing your current income from appreciated
assets. An income tax deduction is also allowed in the year of the transfer for the value of the
eventual charitable gift, and the donated asset is also removed from your taxable estate. For
more information, please see Gift Planning at NRDC.
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