Securities that have increased in value are among the most popular assets used for charitable giving. Making a gift of securities to the Cutaneous Lymphoma Foundation offers you the chance to support our work while realizing many important benefits for yourself.
Securities include publicly traded stocks, mutual funds, Treasury notes, and closely-held stock. As many donors have seen the value of their stock portfolios and mutual funds increase, they are increasingly using these assets to make gifts to charitable organizations.
Donating Appreciated Stock
By donating appreciated stock – stock that has increased in value since it was purchased, you will avoid paying capital gains tax on the increased value. In this case, you donate the stock directly to the Cutaneous Lymphoma Foundation.
Donating Depreciated Stock
By donating depreciated stock – stock that has decreased in value since it was purchased, you can declare the loss on your taxes. In this case, you sell the stock first and then donate the proceeds of the sale to the Cutaneous Lymphoma Foundation and claim your tax deduction.
To Make Your Gift Of Securities
For each gift of securities that you would like to make to the Cutaneous Lymphoma Foundation, please send a letter or email to Kira Mann, Director of Development, at PO Box 374, Birmingham, MI 48012 or with your name, address, phone number, email address and purpose for which the gift is being made. You can also phone Kira at 248.644.9014, ext. 5 to discuss your gift. A Foundation representative will then work with the donor and donor’s broker to transact the gift.