|
 
Gifts of securities offer several kinds of tax
advantages,
depending on your situation.
Giving stocks and bonds which 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 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 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 at 770-452-9995, and speak with Bernard Bable or Doug Mead or email us at
Bernard@GeorgiaAgape.org. |
