Donate
your appreciated securities to the Talbert Family Foundation (TFF)
and get big tax benefits.
TFF can
accept donations of stocks, bonds and other securities. As a donor,
you get the full market value of the securities as of the date of
the donation as a tax deduction, but you do not have to recognize
the gain over basis.
For example,
you bought 100 shares of XYZ Corp. in 2000 for $5 per share. The shares
are now worth $15 per share. If you sell the shares, you will recognize
a gain of $10 per share of the $1,000, which is subject to tax. However,
if you donate the shares to TFF, you will get a charitable deduction
of $1,500.
Of course,
you should always check with your tax advisor for your specific situation,
but a donation of apppreciated securities is a great way to help a
great cause and get a break on your taxes.
If you
would like to participate in this program,
please e-mail us.
