Donate stocks, mutual funds or bonds

Your contribution to Ascent Russian Orphan Aid Foundation is fully tax deductible. You can save even more on your taxes if you donate appreciated securities such as stocks, bonds or mutual funds. See how much you can save: Stock Donation Calculator.

If You Have Held the Stock For More Than a Year

The charitable contribution is the fair market value on the date of the donation - as long as your contribution deduction does not exceed 30% of your adjusted gross income.

If you have investment property that has increased in value and you held it for more than one year, donate the stock. First, you would earn a federal income tax deduction for the full fair market value of the securities as long as you have owned them for longer than one year. Second, you would avoid all of the capital gains tax that would be due on the sale of the securities. The orphans benefit from the full amount of your contribution.

If You Have Held the Stock for Less than a Year

If the stock has increased in value during the time you have held it, you can deduct the basis of the stock. The basis is what you paid for the stock plus any commissions and fees that you paid to purchase that stock.

If the stock has declined in value, during the time you have held it, you can only deduct its fair market value on the day you make the donation.

If you have investment property that has decreased in value, sell the property and donate the proceeds. You can take (subject to some restrictions) a capital loss for the sale and have a charitable contribution for the donation.

Please use one of the following options to donate stocks and securities: