Campaign Tax Advantage

Federal and state laws on income and inheritance taxes encourage charitable giving.  All annual contributions to our campaign are tax deductible for those who itemize their deductions.  It is particularly advantageous for some families to contribute appreciated securities.  If you chose to contribute appreciated securities held more than 12 months, you will receive double the tax benefits through:

  • Avoiding the campaign gains, which would be paid if the stocks were sold. 
  • Receiving a charitable deduction equal to the fair market value at the time of the gift as opposed to the purchase.

2013 Campaign Tax documents will be available February 1st  2014 please contact our Book Keeper.