Gifts of Stock or Appreciated Securities
If your investment portfolio includes low-yielding, highly appreciated stock or securities that have held for more than one year you may want to consider gifting them to the Arizona-Sonora Desert Museum. Appreciated property can include publicly traded stocks, bonds, mutual funds, closely held stock, commercial property, farms, personal residences or unimproved land.
You may benefit by:
Receiving an income tax deduction for the full market value of the gift as of the date of the transfer;
Paying no capital gains tax on the appreciation of your asset (the difference between your cost basis and current fair market value);
Making a generous charitable gift without reducing your liquid assets
Reducing your exposure to estate taxes
How to make a gift of securities to the Arizona-Sonora Desert Museum:
To avoid capital gains tax, ask your financial institution to contact Rebecca Myers at (520) 883-3012 or [email protected]. Rebecca will provide wire transfer information to the donor or their agent if securities are being wired. All securities will be sold as soon as is reasonably possible. Your entire gift will be tax deductible and is effective immediately upon transfer at the fair market value of the securities on that exact date.
How to make a gift of real property to the Arizona-Sonora Desert Museum:
Please contact the Development Office at (520) 883-3055. Prior to acceptance, gifts of property are inspected by the Museum or by an agent acting on its behalf to assess the condition of the property and to ensure that it is appropriate to the mission and resources of the Arizona-Sonora Desert Museum.