Did you know stock gifting is the most tax-friendly way to support the MCF’s mission?
When you donate stock, you may avoid the tax on the gain while deducting 100% of the appreciated value of the Contribution.
Moreover, when you donate stock rather than selling it first, we get to keep the proceeds that would have gone to pay taxes - it’s a win-win for you and us! As illustrated below, the savings add up!
The above graphic is for illustrative purposes only. Be sure to consult your tax advisor for your own personal tax implications from donations of stock.
It’s fast, safe and free to donate stock to the Morton Community Foundation (fees are deducted from proceeds of the stock sale).
For the best tax benefit, please do not sell the stock before donating. Instead, transfer the stock directly to the Morton Community Foundation, and we will handle the liquidation. Stock transfers are not instantaneous, so please make sure you allow for several days for the stocks to transfer, and to be liquidated. Please call with any Questions: 309-291-0434