Your broker can assist you in making a gift of stock via a direct transfer to Susan G. Komen for the Cure®. Giving a gift of publicly traded stock that has increased in value and that you have owned for more than one year may provide greater tax benefits than giving cash. Your charitable income tax deduction is equal to the fair market value of the stock and you avoid paying the capital gains tax on any increase in the current value over the original cost of the stock. You may also save by not incurring brokerage fees because you are transferring ownership rather than selling the stock.
Please call our local affiliate at 501-202-4399 to inform us of your intent to donate stock. We want to properly acknowledge your gift and forward information regarding your tax deduction.
Komen Arkanasas Susan G. Komen for the Cure
904 Autumn Rd. Ste. 500
Little Rock, AR 72211