Stock or Mutual Fund Shares
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.
If you are age 70 1/2 or older, you can transfer up to $100,000 per year directly to a qualified charity like us from a traditional or Roth IRA without having to pay income tax on the money. It can also satisfy all or part of your minimum distribution requirement.
You can make a bequest to Vascular Cures through your will or trust. Estate giving allows you to make a charitable donation at levels you might not have thought possible while maximizing the tax benefits to you and your family. Examples of Estate gifts include real estate, business interests, life insurance, mutual funds and stocks, retirement accounts, donor-advised funds, and property such as art, jewelry, or vehicles. To make a contribution from your estate, you should contact a trusted legal or financial advisor who can help you develop a plan for making charitable gifts that complement your current investment and estate plans.
Property left to Vascular Cures through your will or trust is exempt from estate taxes and counts as a deduction when calculating your taxable estate. Making Vascular Cures the beneficiary of a retirement account such as pension plans, IRAs, 401(k) plans, or self-employed plans avoids estate and income taxes for your heirs.
Before making any gifts of stock, IRAs or your estate, consult your financial or tax advisor.
For detailed information about making such gifts to Vascular Cures, contact Megan Patterson at (650) 368-6022 or firstname.lastname@example.org.
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results.
Vascular Cures is a public benefit, charitable nonprofit under the IRS code 501(c)(3). Our tax ID is 94-2825216. To view our 990 forms and financial information click here.