Gift of Stock
Donating a gift of appreciated stock is one of the most tax smart ways to support Butterfly Pavilion. Electronic delivery of stock shares is secure, expedient and provides efficient internal controls as well as cost savings.
Benefits of Donating Stock:
While capital gains taxes are 20% on long term stock holdings, donated stocks are exempt from capital gains taxes. Donors who make a gift of stock are still eligible to deduct the full fair market value of the donated assets from their income taxes, up to the amount allowed by the IRS. This means you can minimize your tax liability while supporting Butterfly Pavilion! Furthermore, the process is easy. We will sell the shares within 24 hours and send a receipt for the high, low, and mean worth of the shares.
How To Make a Gift of Stock:
1. Contact your broker with your donation intentions and ask them to contact Russ Stallings at Edward Jones:
Russ.Stallings@edwardjones.com
Office: (303) 988-2408
Fax: (888) 397-4480
2. Notify Butterfly Pavilion of your intention to donate stock so we can identify your gift:
Contact: Lindsey Hoffman, Manager of Individual Giving
lhoffman@butterflies.org
Please include:
Gift Information: Description of securities to be donated
Number of shares
Your name, address and phone number
3. Valuation for Tax Purposes and Date of Gift
The date of the gift is the day the stock passes from your control. The value, for income tax purposes, is the mean between the high and low quoted selling price that day. Your gift will be acknowledged by Butterfly Pavilion.
