Union College Development

Gifts of Appreciated Securities and Other Assets

Smart gift planning combines charitable intent with cost-efficient planning techniques. Of critical importance is the kind of asset used to fund the gift. Usually, long-term appreciated property can generate the most favorable tax benefits. Reason: Gifts of such property provide a double benefit—a charitable deduction, in most cases, for the full fair-market value of the property—plus avoidance of any potential capital-gain tax.

The chart below illustrates the additional tax savings from a gift of appreciated assets.

		Cash	Appreciated Property
A.	Fair-Market Value	10,000	10,000
B.	Cost Basis	10,000	4,000
C.	Capital Gain	0	6,000
D.	Capital-Gain Tax (15%)	0	900
E.	Charitable Deduction	10,000	10,000
F.	Actual Tax Savings (28%)	2,800	2,800
G.	Total Tax Savings (D+F)	2,800	3,700

How To Make a Gift of Securities

The best way to give securities is to call Bo Pedersen Geel in the Annual Giving Office at 1-518-388-6142. She’ll work with you and your broker to ensure a smooth transfer. Here is some of the information that you may need:

Union College Tax ID# 14-1338580

Charles Schwab Institutional
DTC Clearing # 0164, Code 40
Trustees of Union College Account #3706-3809
Christine Porter
15 Schoen Place
Pittsford, NY 14534
585-267-4905

A great way to avoid capital gains!

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Union College

Gift Planning

Gifts of Appreciated Securities and Other Assets

How To Make a Gift of Securities