Gifts of Publicly-Traded Securities
Gifts of publicly traded securities help you pay substantially less tax than if you sold them. As of May 2006, the capital gains tax on donations of publicly listed shares has been eliminated, Lutherwood Foundation has a clear process through which we can accept your gift of a publicly-traded security. Complete this Form and follow the instructions at the bottom. We have a policy of immediately selling all gifts of shares and will provide you with a tax receipt for the value of the shares on the day we received them.