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Gifts of Marketable SecuritiesAn Important Gift at a Low After-Tax CostIf you have marketable securities that have grown substantially in value, the tax laws make it possible for you to make an important gift at a low after-tax cost. A lifetime gift of appreciated securities generally qualifies not only for the income tax deduction associated with all lifetime charitable gifts, but it also avoids the long-term capital gains tax on your paper profit. Usually a sale of appreciated securities results in a tax on your full gain – meaning that you do not keep the entire profit from the sale, but if appreciated securities are given outright to a qualified charitable organization such as University School, there is no tax on the gain, and the total value of the securities is counted as part of your charitable deduction. Giving appreciated securities to establish a charitable gift annuity will minimize and defer the capital gains tax. Gifts of marketable securities can be directed to any USM priority including the Annual Fund, the Endowment, and Capital projects, as well as to establish a charitable gift annuity or similar special gift arrangement. For details on how to give securities to University School, contact Jodie Tonner in the USM Advancement Office at (414) 540-3333 or you may reach her via e-mail at: jtonner@usmk12.org. Please consult your investment adviser or accountant concerning the tax benefits for your personal financial situation. Thank you for your thoughtful consideration and support of University School of Milwaukee.
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