Did you know you can donate stock and bonds?
Donating stock instead of cash can have many benefits for you and be an effective method of supporting the United Way of Greater Cincinnati.
- Increase your gift to United Way while realizing additional tax benefits.
- Avoid capital gains tax.
- Earn a standard tax deduction on both federal and state taxes.
There are special rules for valuing a gift of stock. The value of a charitable gift of stock is determined by taking the mean between the high and low stock price on the date of the gift. Mutual fund shares are valued using the closing price for the fund on the date of the gift.
Interested in donating stocks or bonds?
For more information about giving stock, or to request transfer instructions, please email us at [email protected].
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