Donate Securities

Donating publicly traded securities and mutual funds not only has an impact on the lives of military families and Veterans, but it allows you to amplify your impact.

By donating securities, you receive a double tax benefit – you eliminate the capital gains tax that is payable on selling appreciated securities, and you receive a charitable tax receipt for your donation. A gift of securities benefits you more than giving cash and allows you to make a larger gift.

There are a few key elements to making a successful gift of marketable securities:

The gift must be of “qualified” appreciated securities (including shares, mutual fund shares, segregated fund shares, bonds, warrants), and options listed on a prescribed stock exchange.

The donor must transfer the securities to True Patriot Love Foundation in kind without selling them. If the donor sells the securities before transferring, standard capital gains tax rules apply to the disposition (50% of the gain rather than 0%).

Shares can be transferred with directions in writing and there is no limit on maximum or minimum share value.

How It Works

1. Contact your financial advisor to decide which investments make the most financial and philanthropic impact.

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2. Ask your broker to transfer your securities to True Patriot Love Foundation using the Securities Donation Form.

3. True Patriot Love will sell the stock and receive the current value.

4. You will receive a tax receipt for the full closing value of the stock on the day True Patriot Love’s brokers receive them without having to pay any capital gain.

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Please contact your financial advisor or Meighan Bell at mbell@truepatriotlove.com prior to your planned transfer of shares, to discuss the shares being considered.

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Disclaimer: This information is general in nature and does not constitute legal or financial advice. True Patriot Love Foundation recommends that before making any gift of securities of any size, a donor consults with his/her professional financial advisor(s) for the tax, financial and/or estate planning implications. Individual circumstances differ and you are strongly encouraged to discuss with your own financial counsel to ensure your gift decisions are appropriate to your situation.

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