Securities
Using appreciated securities to fund a gift to the Foundation has many benefits.
If someone has securities worth $5,000 that were bought years ago for $1,000, and that person sells the securities outright, he/she would be faced with Federal capital gains tax in addition to applicable state taxes.
If the donor decides to make $5,000 gift to the Foundation and he/she chose to use the funds from the stock sale, there would be less than $4,000 available from the appreciated stock sale to donate.
However, if the person donates the securities instead of cash, the full $5,000 stock value would be available for donation. Upon receipt of the certificate or notification of the transfer of securities into a Jewish Federation Foundation brokerage account, the Foundation will provide the donor with an appropriate receipt for tax purposes. The value assigned will be the average of the high and low trading price for the security on the date of transfer.