Ways to Give: Gift of Stock or Other Securities

Discover our new Ways to Give series, highlighting different methods to support Aim Higher Scholars. Consult your financial and legal advisors for personalized advice.

Supporting the Aim Higher Foundation helps open the doors of Catholic schools to children who need it most—and there are smart, high-impact ways to make that support go even further. One of the most effective is through a gift of appreciated stock, which can provide meaningful tax advantages while advancing our mission.

Gifts of stock, mutual funds, and other securities that have been held for more than a year can be a tax-efficient gifting option and a substantial way to support our mission. Making a gift of appreciated stock could offer you a two-fold tax savings. First, you will receive a tax deduction after the stock is donated. Then, you could avoid any long-term capital gain due on the appreciation of that stock.

Making a gift of appreciated stock allows you to take an income tax deduction for the full fair market value of the stock at the time of the gift, regardless of how much was paid for the shares when purchased. Gifts of long-term capital gain are typically deductible up to a maximum of 30% of adjusted gross income.

Donating stock requires the donor to contact their investment firm and request that the shares be transferred—a process that typically takes between one and three business days.

Although it does involve the extra step of notifying a broker, many donors find the effort worthwhile, especially when they have the necessary transfer details ready. The potential benefits often far outweigh the brief inconvenience.

Please contact Camille Kiolbasa, Director of Advancement, Fundraising Strategy, for instructions on how to make a gift of stock or other securities to the Aim Higher Foundation: 612-819-6711 x103 or [email protected].

The Aim Higher Foundation does not provide tax or legal advice, and as such, this series is presented purely for informational purposes. We ask that you always consult with your professional financial and legal advisors.