Gift of Stock
Giving securities can be a great way to support the work of the Golden West Foundation. Even with the volatility of the stock market, a gift of securities could work for your situation.
How it works: Your shares can be transferred electronically through your broker or you can mail stocks you are holding to us directly after obtaining a stock power form for each certificate you contribute. You can also contribute mutual fund shares.
Please contact John Torres at 303-939-0897 to let him know you are transferring stock so that we can be sure to provide you with a tax receipt.
For guidance and questions on making these kinds of gifts, please call John Torres at 303-444-3967 or you can reach him by email at firstname.lastname@example.org.
Benefits: Gifts of stock are eligible for an income tax deduction based on the fair market value of the stock on the date of the gift. When you give stocks to Golden West Foundation, you avoid all capital gains taxes that would be incurred if you sold the stock. The charitable deduction for gifts of stock is limited to 30% of your adjusted gross income; however, any excess deduction can be applied to your income tax return up to five years after the gift.
Stocks or investments that have decreased in value can also make a wise gift. By selling a stock that has decreased in value, you can realize the loss and take the allowable tax deduction. By donating the proceeds from the sale of the stock, you can also realize a charitable deduction.
Gifts of Personal Property
Golden West Foundation will accept gifts of personal property such as real estate. Please contact John Torres directly at 303-939-0897 or at email@example.com to discuss gifts of personal property. We are not able to take every gift and we’ll need to learn more about your personal situation.