Donate Your Stocks, Bonds or Mutual Funds with a Gift of Securities

Donating stocks, bonds, or mutual funds involves transferring ownership of these appreciated securities to a charitable organization, such as the American Cancer Society, rather than selling them and donating the after-tax proceeds.

Donating appreciated securities directly to charity allows you to avoid paying capital gains taxes and the Medicare surtax, which can amount to nearly 25%. This means your donation can go much further than if you sold the securities, paid taxes, and donated the remaining amount.

• Avoid Capital Gains Taxes: You eliminate taxes on any appreciation in value.
• Tax Deduction: You can deduct the fair market value of your securities donation on your tax return, potentially reducing your taxable income.
• Additional Deductions: You can deduct up to 30% of your adjusted gross income, with the option to carry unused deductions forward for up to 5 years.

Yes, you can donate securities that have decreased in value, but the tax benefits are greater when you donate appreciated stocks. If the value has dropped, consider selling the securities, claiming the capital loss, and donating the proceeds instead.

There are three simple ways to donate securities:

• Online Donation: Use the secure Overflow platform for fast and easy donations. You can complete the process in under 10 minutes, without needing to contact your broker.
• Electronic Transfer: You can transfer securities directly from your brokerage account to the American Cancer Society. Details for the transfer are provided on our website.
• Physical Delivery of Stock Certificates: If you hold physical certificates, you can deliver them by hand, registered mail, or courier to the American Cancer Society office.

We’ve partnered with top brokerages, including Fidelity Investments, Charles Schwab, TD Ameritrade, E*TRADE, Vanguard, Robinhood, Interactive Brokers, Merrill Edge, SoFi Invest, Webull, J.P. Morgan, and many more.

Once you donate securities, you will receive instant confirmation and tax documentation for your records. If you transfer securities through your broker or donate physical certificates, please notify us to ensure proper acknowledgment.

If your stock is part of a cash merger or tender offer, capital gains taxes may still apply. It’s important to consult with your financial advisor before making your donation.

You can carry forward unused deductions from your donation for up to 5 years, helping you maximize your charitable contributions.

To make your donation, visit our website to choose your preferred donation method. If you need assistance, our team is here to guide you through the process and ensure a smooth transaction.