Gifts of Stock

Donors can use their own broker/agent to transfer stock. If the stock has been held long-term (over one year), the donor does not have to pay capital gains tax on the stock and is allowed a tax deduction for the full value of the stock. Donors may also choose to donate stock in order to claim a loss, which may be beneficial for tax circumstances. In either case, the stock must first be transferred to UGM-TC before being liquidated.

Gifts From Retirement Accounts

The 2010 Relief Act permits individuals age 70.5 or older to contribute up to $100,000 from a qualifying retirement account directly to a qualifying charity without recognizing the assets transferred to the charity as income. Please contact your financial advisor for additional information concerning your retirement accounts.

For more information, please consult your financial advisor or contact our Director of Development at 817.338.8406 or jwright@ugm-tc.org.