Support

Planned Giving

Gifts of Appreciated Securities

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 (24%)

   2,400

   2,400

 G.

 Total Tax Savings (D+F)

   2,400

   3,300

More Information

Contact Us

Dodie Chavez '85
Director of Planned and Capital Gifts
(540) 672-6036
dodie_chavez@woodberry.org

Federal Tax ID Number: 54-0519590

 

Woodberry Forest School
402 Woodberry Station
Woodberry Forest, VA 22989

Back

© Pentera, Inc. Planned giving content. All rights reserved.
Disclaimer

Woodberry Forest admits students of any race, color, sexual orientation, disability, religious belief, and national or ethnic origin to all of the rights, privileges, programs, and activities generally accorded or made available to students at the school. It does not discriminate on the basis of race, color, sexual orientation, disability, religious belief, or national or ethnic origin in the administration of its educational policies, admissions policies, scholarship and loan programs, and athletic or other school-administered programs. The school is authorized under federal law to enroll nonimmigrant students.