Sometimes gifts of stock can be more valuable than gifts of cash. A donation of appreciated securities to Ethos may have three benefits:
- Your gift may be worth more than your original investment.
- You avoid paying capital gains taxes.
- You may be able to deduct the current fair market value of the stock from the current year's taxable income if the stock has been held long-term and has gained in value since it was acquired.
To make a gift of stock, contact your financial advisors or Ray Santos, Community Relations Director at 617.477.6638 or email