Turning Stock Market Gains into Community Investment

Everybody wins when you make a gift of appreciated stock to the Greater Grand Island Community Foundation. Your gift of stock is reinvested in your community, and it qualifies for an immediate tax deduction.

Giving appreciated stock through a community foundation is popular among a range of givers - individual investors, families, entrepreneurs, and even groups of friends who have formed investment clubs.

By giving stock through the Foundation, you can avoid capital gains taxes that would be due if you sold the stock, and the value of the stock can be used to establish a charitable fund that benefits the local causes and organizations you care about most. With gifts of appreciated stock, your stock market earnings translate into community impact, so you get a more rewarding return on your portfolio. You can set up a scholarship; support special programs for at-risk youth, senior citizens, or other people in need; address environmental concerns; or support the arts.

Example Donor Story

Generating a Return for Your Community

Stock returns provided the means for giving to the community for Joanne and Gerald. That's why they joined the many people who have chosen to use appreciated stock to open a donor advised fund. Last year, the Joanne and Gerald Doe Fund supported a local family outreach program, a homeless shelter, and a local theatre group. Through past experiences, Joanne and Gerald discovered that some of their charities were too small to accept direct stock gifts. But by giving through the Greater Grand Island Community Foundation, the barrier was eliminated. They received a tax deduction on the full market value of their appreciated stock while avoiding the capital gains tax that would otherwise have arisen from the sale of this stock. Joanne and Gerald have found that using the services of the Foundation is a simple, satisfying way to give.

Learn More

There is so much more we'd like you to know. For more information and ideas on ways to integrate charitable giving with your financial plan, ask your financial advisor or contact the Greater Grand Island Community Foundation at (308) 381-7767 or online. We will be happy to work with you and/or your advisor to determine the most effective ways to accomplish your charitable goals.