2017-12-06 / Local News

You can donate appreciated stock to the Federation

Year-end is often the most opportune time to consider financial and tax planning strategies. If you haven’t yet paid your 2017 pledge or if you’re getting ready to pay your 2018 pledge to the Jewish Federation of Southern New Jersey, consider using appreciated stock to fund your gift.

A gift of appreciated stock is a popular alternative to a cash gift because it can actually save taxes twice.

It always makes sense of review your investment portfolio. Your financial advisor can help you understand if donating appreciated stock is right for you. You may avoid paying any capital gains tax on the value of securities transferred to the Jewish Federation and you may be eligible to take a charitable contribution deduction for the fair market value of the securities at the time of the gift.

To donate stock, you can transfer the securities from your brokerage account to the Federation’s brokerage account or send the stock certificates directly to Federation. Always remember to alert Federation when your transfer of stock is done.

For more information about using appreciated stock to fund your Jewish Federation gift, contact Amy Clayman at (856) 673- 2522 or aclayman@jfedsnj.org. s

Return to top