Stock Gifts


Charitable gifts of appreciated securities can provide tremendous benefits to both the donor and Friends of Chamber Music.Gifts of appreciated securities held for over a year are generally deductible at market value and are exempt from capital gains tax. For example, if you bought stock years ago for $1,000 and it is now worth $10,000, giving that stock to Friends of Chamber Music would result in a charitable deduction of $10,000. You would also avoid paying capital gains tax on the $9,000 of appreciation.

Check with your tax advisor for special tax benefits, and contact Executive Director Pat Zagelow at 503.224.5058 for transfer information.


 

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