Give Stocks, Mutual Funds

Much like cash, gifts of stock are tax deductible at full fair market value, if held for a year and a day. In addition, Volunteers of America benefits from the full current value of these gifts, and neither you nor Volunteers of America are required to pay capitai gains tax.

Shares that pay low dividends, shares you believe have reached their maximum price, or shares you want to eliminate from your portfolio for other reasons make perfect choices for contribution. Volunteers of America welcomes these gifts.

To make such a gift, do not sell the stock and donate the proceeds — this will jeopardize your tax benefits. Instead, notify your broker of your intention and contact our Development Office.

Please be prepared to provide your broker’s name, telephone number, name of the stock and number of shares you wish to contribute. We will contact your broker. You will be notified of the contribution deduction based on the date of your securities transfer.

Use this handy tool to see the value of your stock .