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NEW! The “We Always Swing”® Stock Option.
Donate your appreciated stock before December 31
And enjoy a two-fold tax benefit for this year.
You can take a tax-deduction for the value of the stock donated
You can minimize – or even eliminate – Capital Gains Tax.
The Jazz Series is pleased to announce it now accepts appreciated stock, which enables donors to enjoy a two-fold tax benefit. Please consider donating stock that you have owned for more than a year and that has appreciated in value. It’s a simple, transaction that enables you to receive a tax-deduction for your gift and minimizes or eliminates capital gains tax. It’s a simple, easy transaction. Simply call or email the Jazz
Series and let us know your stock donation intent.
“We personally believe that gifting stock to the ‘We Always Swing’® Jazz Series creates a win-win situation for everyone involved. The transaction is easily arranged and conducted. As contributors, the gift allowed us to enjoy a two-fold tax savings: We are not required to pay capital gains tax on the stock we donated AND we are entitled to take a tax-deduction that benefits both us and the Jazz Series. By providing this type of support to the Jazz Series, ALL people who live in Columbia, in the region and beyond benefit from one of the country’s most well-respected and now long-standing jazz projects. We want to encourage others to join us and consider donating appreciated stocks before the end of this calendar year as a way to contribute to the Jazz Series. Gifts like these will go a long way to helping the Jazz Series reach the Individual Donor Campaign goal."
– Dianne Orton & Gordon Howard, stock-donor contributors. |
