Mutual Funds, Bonds, and Stock Donations

Since The Salvation Army is a recognized 501(c)(3) not-for-profit organization, there are numerous benefits to making your gift of stocks, bonds or mutual funds. For instance, if you have owned the stocks, bonds or mutual funds for more than one year, you can claim an immediate charitable income tax deduction for the fair market value up to 30% of your adjusted gross income in the year you make the gift. Any unused deduction amounts may be used to help reduce taxes in up to five upcoming tax years.

By giving appreciated stocks, bonds or mutual funds you also bypass the capital gain that would normally be taxable if you were to sell. These types of gifts allow you to use "paper profits" to help offset and reduce your federal and state taxes. Appreciated securities are also ideal for establishing charitable income-producing gifts and charitable trusts.

 Gifts of Stock

To make gifts of stock, please contact the Resource Development Department at 1-800-215-0196.

Gifts by Will or Trust

For caring people, decisions about estate management can be challenging. Maintaining financial health for one's self, spouse, children, and loved ones, while supporting a favorite charity can be challenging. However, there is a way to make your assets work for you, your family and others.