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Gifts of Securities

Gifts of appreciated securities, closely held stock and mutual funds can be extremely beneficial—to both you and JCCA. Even when the overall market declines, giving securities that have been held for a number of years will allow you to avoid paying any capital gains tax that would otherwise be due. In addition, you can claim a charitable income tax deduction for the fair market value of the stock on the date on which it was transferred, not just its worth when you acquired it.

For more information, email us or call 212-558-9908.