Appreciated stocks and bonds are, next to cash, the most popular assets donated to SC State University by alumni and friends.
Gifts of Closely Held Stock
You may be unaware that you may make gifts of closely held stock and other non-readily marketable securities and, moreover, that they offer many tax advantages. These gifts involve special handling, however, and you are urged to contact the Office of Planned Giving to explore the alternatives for structuring the gift.
If you hold securities that have declined in value, it is generally advisable not to donate them but rather to sell them to establish a tax loss and then donate the proceeds to SC State University.
Note: Always discuss donations with your tax consultant to maximize your benefits.
For further information about items mentioned above contact the Development Office at (803)536-8742