Gifts of Appreciated Securities
Contributing appreciated securities to Seatuck is an ideal way to make a gift. If the security has been held at least one year, you may be eligible to receive tax benefits and also avoid any capital gain tax. Please consult your tax advisor for information regarding your personal situation.
Electronic transfers of stock can be made by your broker directly to Seatuck’s brokerage account. Please contact Sherry Perlman at sperlman@seatuck.org for account information and transfer instructions.
Charitable IRA Rollover
If you are 701/2 years old or older, you can take advantage of a simple way to benefit Seatuck and receive tax benefits in return. You can give up to $100,000 from your IRA directly to a qualified charity such as ours without having to pay income taxes on the money.
Why Consider This Gift?
- Your gift will be put to use today, allowing you to see the difference your donation is making.
- You will pay no income taxes on the gift. The transfer generates neither taxable income nor a tax deduction, so you benefit even if you do not itemize your deductions.
- If you have not yet taken your required minimum distribution for the year, your IRA charitable rollover gift can satisfy all or part of that requirement.