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Sycamores gratefully accepts gifts of stocks, bonds or mutual fund shares. For stocks that have appreciated in value and have been held by the donor for over 12 months, the donor’s tax deduction will be equal to the fair market value of the stock on the day it is donated (assuming the donor itemizes their taxes). Another benefit is that the donor also avoids capital gains tax by gifting the stock to a nonprofit like Sycamores.
If you are considering a gift of stocks, bonds or mutual fund shares to Sycamores, please contact our Chief Advancement Officer, Shannon Boalt, at sboalt@sycamores.org or (626) 395-7100 for assistance.
