Win-Win With a Gift of Stock

Own stock that’s increased in value (and that you’ve owned for at least one year)? You have a unique opportunity. If you donate your shares, you’ll receive the same tax savings that you would if you wrote University of Florida on a check…but with the added benefit of eliminating capital gains taxes! 

Supporting the programs and areas that mean the most to you through a gift of securities is as easy as instructing your broker to transfer the shares. If your investments have benefited from the robust market, any appreciated stock in your portfolio could be used to make a charitable gift to UF. 

How a Gift of Stock Works 

$25,000 today’s stock value 

$10,000 stock purchase price 

Selling the stock: 

$2,250: Capital gains tax owed ($15,000 x 0.15 capital gains tax rate for those in a tax bracket of less than 37%) 

Donating the stock to UF: 

$25,000: Income tax charitable deduction 

$0: Capital gains tax 

If you aren’t ready to give up your stock during your lifetime, you can designate it as a gift in your will or living trust. You’ll have the flexibility to change your mind at any time, plus you can continue to receive dividends and participate in shareholder votes.  

We are happy to work with your advisors to help you plan for tomorrow and receive maximum benefits today. 

Take the Next Step 

We can help clarify and document the steps to donate stock to the University of Florida. Simply contact UF’s Office of Estate & Gift Planning at 352-392-5512 or giftplanning@uff.ufl.edu to see how this gift can be a win-win. To learn about more ways to make a gift visit giftplanning.uff.ufl.edu. 

The UF Foundation (federal tax ID number 59-0974739) is a Florida nonprofit organization exempted from federal income tax as a 50l(c)(3) publicly supported charity. The UF Foundation does not provide legal, tax or financial advice. When considering planning matters, seek the advice of your own legal, tax or financial professionals.

Information contained herein was accurate at the time of publishing. The information in this publication is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results.