Donating Stock

The gift of an appreciated asset is a powerful way to support Friends of Karen. While this giving strategy may have tax benefits to the donor, the most important benefit is the satisfaction of knowing that your support will make a difference for our children and their families.

• If your investments have increased in value since you acquired them, a gift can result in a charitable gift tax deduction of the appreciated value of the property, and the reduction or elimination of capital gains tax. Your tax advisor can help you tailor a meaningful gift to Friends of Karen with little or no effect on your expendable income. Click here for further information on how to donate stock or securities.

• Gifts of appreciated securities can also be made through estate planning. Go to the Leave a Legacy section for more information.

If you have questions or would like help in expediting a contribution of stocks or securities, please contact Executive Director, Judith Factor at judithfactor@friendsofkaren.org or call 914-617-4041.

Link: How to Donate Stock