Donating appreciated assets or mutual funds avoids federal capital gains taxes and provides you a federal income tax deduction for the current market value of your gift, making this a powerful and tax-wise way to support RAICES. Similar state tax benefits are also provided in most of the country, resulting in the majority of RAICES donors receiving combined tax savings of up to 70% of their gift.
Please click here to learn more about your potential tax savings, access our brokerage information, and complete the necessary paperwork to complete your stock transfer. Brokerages typically do not share the donor’s name when transferring stock, so this information allows us to properly credit you for your generous gift, provide the necessary documents for your tax purposes, and give you our appreciation for your generosity.