When you donate the stock or mutual fund shares that you held for more than one year to Vascular Cures you are entitled to a charitable income tax deduction for the fair market value of the gifted securities as of the date of the gift. You can eliminate the capital gains tax that you would have incurred if you sold the appreciated securities on the open market and then donated the proceeds to Vascular Cures.
Stock donations made prior to December 31 will qualify as current year income tax deductions.
Please consult your financial advisor before giving a charitable gift.
Before making a donation of securities to Vascular Cures, please contact us at (650) 368-6022. We will outline what procedures to follow to ensure the proper administration of a donation of securities.
Note: Vascular Cures's tax ID number is 94-2825216.