Donating appreciated stocks (or other securities like mutual fund shares and bonds) is a tax-savvy alternative to giving cash to support Animal Humane New Mexico.
Q: What does “appreciated” mean?
A: Stock owned for more than one year, whether it has increased or decreased in value.
Donating appreciated stock or securities offers a number of benefits:
If stock has decreased in value, selling it and making a cash gift to Animal Humane New Mexico may be of more benefit to you. You can take a capital loss on federal taxes and still enjoy a charitable deduction up to 50% of your adjusted gross income.
We recommend you consult a tax or financial professional for the various tax benefits and restrictions that may apply for you.
How to Transfer Stock as a Donation to Animal Humane New Mexico
How to Donate Other Securities
To donate mutual fund shares or other securities, please contact the organization with whom you have the mutual fund or security.