Gifts of Appreciated Stock Support Sarum and Provide Great Tax Advantages to the Donor
Supporting Salisbury School has never been easier and potentially more rewarding for a donor. Thanks to a historically robust stock market, there is a simple way to make your mark at Salisbury and receive significant, additional tax advantages.
While gifts of cash have always provided donors who itemize a tax deduction, gifts of stock will provide a tax deduction and more. It is this simple: when you make a gift of appreciated stock to Salisbury, you will receive a tax deduction for the full market value of the stock plus you will not pay any capital gains tax that you ordinarily would by simply selling the stock and holding the proceeds.
Since many stocks have appreciated significantly, now is the ideal time to review your portfolio to see if it makes sense to turn your appreciated stock into a gift to Salisbury. This may allow you to generously support a priority at Salisbury that is especially meaningful to you. As always, please consult your financial advisor.
For further information about Salisbury’s priorities and giving opportunities, please contact:
- Director of The Salisbury Fund and Alumni Relations Electra Tortorella at email@example.com.