The Foundation can accept gifts of appreciated securities to both establish a fund or to make a donation. These gifts often provide tax advantages. Their full fair market value is deductible as a charitable contribution up to 30 percent of your adjusted gross income. The added benefit of giving appreciated securities is the avoidance of the capital gains tax on the appreciated portion of the gift. Gifts of closely held stock enjoy the same tax benefits as with publicly traded stock.
Contact Wendy at 847-377-0520 x23 or [email protected] for donation information or to learn more.