Stocks & Wire Transfers
HOW IT WORKS:
Donating appreciated securities, including stocks or bonds, is one of the most effective means of tax savings available and is an easy and tax-effective way for you to make a gift to the Thomasville YMCA. Contact Carrie Morgan at cmorgan@ymca-thomasville.org for our account information and steps on donating stocks or wire transfers.
WHY CONSIDER THIS GIFT:
- See your gift put to use during your lifetime
- Avoid paying capital gains tax on the sale of appreciated stock that has been held for more than one year
- Receive a charitable income tax deduction for the fair market value of the stock at the time of the gift