Stock

Appreciated stock has long been a preferred charitable gift tool of many donors. Recent volatility in the stock market has made such gifts less common, but occasionally such a gift is still better than cash. Before you make such a gift to the South Dakota Parks and Wildlife Foundation, please contact the Foundation to discuss how the transfer will be made. The stock will generally be transferred to a Foundation brokerage account before it is sold.

Example:

You make a gift of stock with a cost basis of $2000 and an appreciated value of $6000.

Benefits Include:

The donor will pay no capital gains taxes on the $4000 in increased value.
The donor will receive an income tax deduction for the appreciated value.
The donor will remove the asset from his/her estate and thereby reduce estate taxes.
The donor will provide generous support for the South Dakota Parks and Wildlife Foundation.

Any calculations or examples are for illustration purposes only and should not be considered legal, accounting, or other professional advice. Gifts of mutual funds take several days to complete and gifts of stock are valued at the average trade price on the day of the gift.