Give a Gift of Stock
Giving stock instead of cash can have many benefits. Most important—capital gains tax is potentially eliminated. Plus, stock gifts are eligible for the standard deduction.
Why Give Stock?
By giving stock held for at least a year, the 15 percent capital gains tax typically incurred can be potentially eliminated if you sell. Stock donations to public charities, like United Way, are eligible for a charitable tax deduction on both federal and state taxes—adding up to potentially big savings.
How to Give Stock
Follow the three simple steps below to complete your stock donation.
Create an Intent LetterDownload an example stock letter below. Print three copies of the letter (one for your records).
Send the LetterSend a copy to your banker/broker. Send the other copy to United Way.
Inform United WayInform us that your stock gift is coming. Include your name, phone number and the value of your pledge.