The gift of an appreciated asset is a powerful way to support Friends of Karen. While this giving strategy may have tax benefits for you, the most important benefit is the satisfaction of knowing that your support will make a difference for our children and their families.
- If your investments have increased in value since you acquired them, a gift can result in a charitable gift tax deduction of the appreciated value of the property, and the reduction or elimination of capital gains tax. Your tax advisor can answer your questions about preparation of this kind of gift.
- Gifts of appreciated securities can also be made through estate planning. Go to the Legacy of Giving section for more information.
If you have questions or would like help in expediting a contribution of stocks or securities, please contact Executive Director Judith Factor or call (914) 617-4041.