Donating Appreciated Stock -

When you donate appreciated stock that you've held for over one year, you may be eligible for several advantages:

1. Maximize Your Giving: By contributing stock, you can give more without increasing your out-of-pocket expenses.

2. Avoid Capital Gains Taxes: You won't have to pay capital gains taxes on the appreciation of the stock, potentially saving you a substantial amount.

3. Receive a Tax Deduction: You can claim a charitable deduction on your income tax for the full fair market value of the stock at the time of the donation.

4. Support Our Cause: Your stock donation directly supports our mission and helps us continue our vital work.

 

Utilizing Your Donor-Advised Fund (DAF) -

If you have a DAF, it offers another convenient way to support us:

1. Centralized Giving: Your DAF allows you to consolidate all your charitable giving into one account, streamlining the process.

2. Immediate Impact: You can recommend grants from your DAF to support INDY and other charitable causes you care about.

3. Tax-Efficient: Contributions to your DAF are tax-deductible when you make them, even if you distribute funds to charities over time.

4. Flexibility: You can advise on when and how much to distribute, ensuring your giving aligns with your financial and philanthropic goals.

 

(Please consult your tax advisor if you have any questions.)