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Donate Stock | Planned Giving| Ways to Contribute
Donate StockYou may choose to make a gift in the form of stocks, bonds, mutual funds, and other securities that appreciate in value. If the securities have been held long-term (12 months and one day), they are generally deductible as an itemized deduction of up to 30% of adjusted gross income at fair market value. As with gifts of cash, any excess deduction may be carried forward up to five additional years. In addition to the charitable deduction for gifts of securities, the donor also avoids the Capital Gains Tax that would be otherwise due if the assets were sold.
The following compares the results of a sale of securities and gift of proceeds vs. a gift of securities.
If you would like to make a gift of stock or other securities to the International Book Project, please contact:
Attn: W. Morgan Fister
444 E. Main Street, Suite 111
Lexington, KY 40507