Stock Transfer
By donating long-term appreciated securities, including stock, bonds, and mutual funds directly to ICT, you lower your tax exposure, allowing you to consider making a larger gift than if you were to sell the shares yourself and donate the net proceeds.
When you donate stock to ICT, you are able to take a tax deduction for the full fair market value. The same benefits apply if you prefer to donate bonds or mutual funds, lowering your tax exposure and creating a larger gift.
It's simple and easy. For instructions on the process, and sample language to use with your broker, please contact Cynthia Gellis at cynthia@ictlongbeach.org or (562)495-4595 x104.