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Appreciated Securities

Impact Michigan Tech now with tax savings for you

Gifts of marketable stocks, bonds, or mutual fund shares that have appreciated in value can have an immediate impact on your favorite Michigan Tech program—and also create an immediate income tax deduction for you based on the current value of the donated securities. And, because there is no capital gains tax when you make the gift, you save on taxes twice.

The best method of transferring stocks, bonds, or mutual fund shares to the Michigan Tech Fund depends on how they are held by you. Please contact the Office of Gift Planning to discuss the easiest method of transferring assets. Selling the assets and then making a gift of the proceeds may trigger a capital gains liability for you.

If you itemize deductions on your federal tax return, an outright gift of appreciated securities held more than one year can be claimed as a charitable contribution, currently up to an amount equal to 30 percent of your adjusted gross income. Any deduction not usable in the first year can be carried over for up to five additional years or until it is completely used, whichever is first.

In addition, there may be special financial and tax benefits with a carefully planned gift of closely held stock. Please contact the Office of Gift Planning for more information on such gifts.

Benefits of gifts of appreciated securities held for more than one year

  • Immediate income tax deduction for current market value of securities
  • Additional tax savings, by avoiding capital gains tax, compared to cash gifts
  • Immediate impact on the Michigan Tech program of your choice
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