Meneilly Society

Gifts of Securities: Stocks or Mutual Funds 

A gift of appreciated assets to the Village Presbyterian Church Endowment Trust can provide valuable tax incentives to the donor. By gifting appreciated assets such as stocks, mutual funds or real estate, the donor may be eligible for an income tax deduction up to fair market value of the gift, as long as the asset has been owned for more than one year. In addition to receiving an income tax deduction for the asset(s) gifted to the Endowment Trust, the donor also may be able to avoid the capital gains tax that would be incurred had the asset(s) been sold by the donor.

The information on this site is not intended as legal, tax or investment advice. For such advice, please consult an attorney, tax professional or investment professional.