Donate Stock

Thank you for contributing to HALO through a stock donation!

TAX BENEFITS

By choosing to donate an appreciated security you will not pay capital gains tax on the gain and, generally, you receive a tax deduction for the full value of the security on the day it is donated. Giving appreciated securities can save you hundreds or even thousands of dollars versus a cash gift!

PLEASE FILL OUT THE FORM BELOW TO BEGIN THE STOCK GIVING PROCESS

With your generous contributions, we can continue to create transformative experiences, inspire creativity, and foster cultural enrichment in our community.

FAIR MARKET VALUE AND COST BASIS

If you have owned the shares for more than a year, you can receive a charitable tax deduction for the fair market value of the donated shares. If you have owned the shares for less than a year, your deduction is limited to the cost basis (the amount you initially paid for the stock). Understanding these distinctions can help you plan your donation effectively.

PRIVATE STOCK DONATIONS

Having shares of private stock appraised by a broker or financial institution is crucial for accurately assessing the value of your donation and ensuring compliance with tax regulations. We recommend consulting with a professional to guide you through the appraisal process and assist you in making the most impactful gift.

*Any decision you make regarding the tax implications of your investments and donations should be made in consultation with your personal tax advisor.

To obtain more information, contact Dimitri Pittas at dimitri@holycityarts.org, or call 843-388-3243