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APPRECIATED SECURITIES GIFTS
What are the benefits of giving securities?
Giving of stocks, bonds, or mutual fund shares that have appreciated in value is a great way to maximize your support of Grand Piano Series. When you donate appreciated securities, you receive an immediate tax deduction for the full value of the asset even if you originally paid much less for them. You pay no capital gains taxes on this donation. We then sell the securities at market value and receive the full proceeds to support our charitable mission. Because we are a charitable non-profit, we do not pay tax on this either. We’ll recognize your generosity at the full value of this donation!
How do I make a donation of securities?
Contact us for transfer details. We will be happy to work with you and your account representative to set up an electronic transfer of securities. It is easy and won’t take much time at all. If you are holding actual paper stock certificates, we will help you sign over the stocks and complete a stock power form.
