2 ways to give from your investment portfolio
This year has been full of unexpected turns, both highs and lows, in the stock market. Despite its volatility, you may have investments that have accumulated significant unrealized capital gains, which could result in a hefty tax bill when sold.
Give appreciated securities before you sell them
Increase your giving capacity by trading current or future tax exposure for more charity today, and instead of writing checks to charity, use the cash to rebalance your portfolio with your advisor.
Give from your IRA
If you have more than enough to cover your personal financial needs, and you’re older than 72, give to charity now with a qualified charitable distribution from your IRA.
How it works
This table shows the impact of donating $50,000 of stock into a Giving Fund at NCF (cost basis of $20,000). It assumes a 42% ordinary income tax rate, 25% capital gains tax rate, and a 3.8% Medicare surcharge. To learn more about this type of gift, contact your local NCF team.
Resources to help you give from your portfolio
Giving from your investments can provide some tax-wise strategies that allow you to save money, so you have more to give. Here are some resources to help you learn how.
Download Your Guide to the 2020 Giving Season
We’ve summed up the best giving opportunities 2020 offers to help you give more this year than you imagined you could.
Explore a gift opportunity before December 31st
Our team at NCF would be honored to serve you and help you make the most of your charitable giving.