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Giving Stocks and Bonds to Agape

Gifts of securities offer several kinds of tax advantages, depending on your situation. Giving stocks and bonds that have increased in value may provide you with greater tax benefits than just giving outright cash. With the gift of stocks or bonds, your charitable income tax deduction is equal to the fair market value of the securities and you avoid paying the capital gains on any increase in the fair market value over the original cost of the securities. We suggest you consult with a tax attorney or a financial advisor with this type of giving.

Securities which have decreased in market value may also have tax benefits to you and make a beneficial gift to Agape. It may be to your advantage to first sell the securities and give the cash to Agape. Again, we suggest you consult with a tax attorney or a financial advisor with this type of giving.

To Give Securities to Agape:

It would be best to contact Agape when you wish to give securities so we can put you in touch with the broker handling our affairs for these transactions. Call Agape and speak with Ken Dowdy, 770-452-9995.

 

 

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Our Development Team

 

Ken Dowdy
Director of Development
770-452-9995
Ken@GeorgiaAgape.org

 

Racquelle Grant, MSW

Executive Director

770-452-9995

Racquelle@GeorgiaAgape.org

 

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                                                           3094 Mercer University Drive    |    Suite 200    |    Atlanta, GA  30341    |  770-452-9995                                      Copyright © 2016 Georgia AGAPE