Gifts of appreciated stocks or mutual fund shares can have an immediate, favorable impact to PLF and result in an income tax deduction for you.
Also, they can be gifted to PLF without triggering capital gains taxes, so long as your broker electronically transfers them directly to PLF’s account. You want to avoid selling the assets and then making a gift of the proceeds because that will trigger a capital gains liability for you.
To make a gift of stock to PLF, please call your broker with the information below regarding PLF’s account:
Please ask your broker to let PLF Planned Giving Officer Jim Katzinski know when the transfer has been made so that PLF may properly credit your contribution and acknowledge your generosity.
Contact Gift Planning Officer Jim Katzinski at [email protected] or 916-288-1395.