Donation of Stocks
A gift of stocks can be made to the CJA. There are advantages to donating in this fashion.
If you've held the stock for more than one year you may take a charitable tax deduction for the market value of the stock, and neither you nor the CJA has to pay capital-gains taxes when the stock is sold. The combination can result in a bigger deduction (and more tax savings) for you and a larger gift for the CJA than if you sell the stock, pay the taxes, and donate the net proceeds.
If you are interested in making a gift through a donation of stock, please speak with your stock broker or financial advisor, complete the Letter of Intent and contact Joseph Tappenden in our Advancement Office on (403) 253-3992 ext. 321 or by email at email@example.com.