Why Now Is the Perfect Time to Donate Stock
The end of the year is an ideal time to consider donating stock, the high-impact, tax-savvy way to support the Kelly Brush Foundation.
A donation of stock is not just a gift—it’s a statement that you believe in the mission of the KBF and the work we do to inspire and empower people living with spinal cord injuries to lead active engaged lives. When you give appreciated stock directly to the KBF you enjoy the benefit of avoiding capital gains taxes which means your gift has an even greater impact on our work and a benefit to you of up to 20%.
Many investors with stock that has grown donate some of their appreciated shares to non-profit organizations, and then buy new shares to reset their cost basis at the current, higher price. By doing this, you could reduce your future capital gains tax exposure if the stock continues to grow in value. Additionally, you may receive a charitable deduction for the full market value, maximizing your tax savings.
Your stock donation goes directly to helping individuals with spinal cord injuries lead active lives by funding KBF programs. This means facilitating adaptive sports camps; enabling grants that allow people with SCI to purchase the adaptive equipment of their choosing; and building The Active Project, the largest compilation of adaptive sports program listings and resources in the country. From helping individuals access life-changing equipment to fostering community connections, your support has a very real, direct impact on quality of life for people living with SCI.
If you would like to donate stock to the Kelly Brush for terrific tax advantages, please donate directly to:
F/B/O Kelly S. Brush Foundation
Fidelity Investments Account # 676-195595,
Or for more information contact Todd Munn, Chief Development Officer, at 203-848-7301 or [email protected]
Other “tax-savvy” methods of giving that many of our supporters employ include gifts made from a Donor Advised Fund or Qualified Charitable Distributions from their IRAs. We invite you to consider these options which are not only profound gestures of support but also wise financial decisions.
Together, we can transform lives—one gift at a time. Thank you for your support.