Opportunity International gratefully accepts gifts of securities, both publicly-traded and closely-held. Utilizing these securities as a gift to Opportunity also provides special tax benefits compared to a similar gift of cash. By gifting securities that have been owned for longer than one year and have appreciated in value, the donor qualifies for a charitable income tax deduction based upon the security’s full, fair market value. The donor also avoids capital gains taxes that would have occurred if the stock had been sold.
Publicly-traded securities can be given to Opportunity quickly and easily. Donors simply instruct their broker to wire transfer the desired securities directly from their brokerage account to Opportunity’s account. The charitable gift, which is completed when the security is received into the account, is valued by taking the average of the high and low price of the security on that day. Please contact Opportunity International prior to the transfer so that we can properly identify and acknowledge the gift.
Click here for instructions needed to complete an electronic transfer gift of securities.
