How it Works

• Transfer appreciated stocks, bonds, or mutual fund shares you have owned for more than one year to The Haywood Street Congregation (HSC).
• HSC sells your securities and uses the proceeds for our programs.

Benefits

• You may be eligible for an immediate tax deduction for the fair market value of the securities on the date of the transfer.
• You pay no capital gains tax on the transfer when the stock is sold.
• Giving appreciated stock can be more beneficial than giving cash. You may be able to deduct the full market value of the stock while also avoiding capital gains tax, making the after-tax cost of your gift lower than a cash donation of the same amount.

Next Steps

• Download this sample letter for your broker or contact Rebecca at Haywood (828-575-2477 x 110) for more information.

*The gift planning information on this page is not offered as legal or tax advice.