Other giving options
If you have appreciated securities
(stocks, bonds, mutual funds) that you have owned for
at least one year, consider contributing
them as a gift to United Way of Williamson County. It's
a generous and smart way to invest in the health and
vitality of our community. Other ways to support the community might a long-term
endowment through your will or charitable trust.
For more information, contact Sarah Carriker at sarah@unitedway-wc.org or
512-255-6799.
Some of the benefits of giving securities:
- Avoid capital gains taxes
By contributing securities that have appreciated
in value to United Way, you avoid the capital gains taxes
you would otherwise owe if you sold the securities for
your personal benefit.
- Take a charitable tax deduction
For federal income tax purposes (including alternative
minimum tax purposes), you can deduct the value of the securities
on the date of your contribution. The net value of your contribution
is the average between the high- and low-quoted selling price on the
date that the securities passed from your control. Your gift will
be acknowledged in writing by United Way for tax purposes.
- Give a larger gift
A gift of stock may allow you to make a larger charitable
contribution than would be possible with cash or payroll deduction.