Gifts of Stock
Gifts of Appreciated Securities Benefit You and Public Citizen Foundation
Did you know that you can contribute appreciated securities to Public Citizen Foundation and receive certain tax benefits in return for your support?
By transferring appreciated stock and mutual fund shares to Public Citizen Foundation that you have owned for more than one year, you will:
- Avoid the capital gains tax on the securities appreciation
- Receive an income tax deduction for the average value of the shares on the day that they are transferred to our brokerage account
For example: You purchased 100 shares of XYZ stock at $10 per share or $1,000 in November of 2003. On August 10 of this year, you transferred these shares to Public Citizen Foundation that had an average price of $15 per share. Based on your generosity and support, the income tax deduction you receive for this gift is $1,500 and you avoid the capital gains tax on its appreciation.
There are several ways you can transfer securities to Public Citizen Foundation. Please contact Amanda Fleming at 202-588-7734 or via email at afleming@citizen.org to discuss the specifics of your gift. Amanda would be pleased to send, fax, or email the instructions that best fit your situation.
Your support means a great deal to us and to the future of Public Citizen Foundation. Thank you so much for your generosity.