While many donors commonly make cash gifts, a growing number are taking advantage of contributing gifts of long-term appreciated securities to support the research goals of the Picard Center.
Some advantages of giving securities include:
- Receiving an income tax deduction based on the market value of the security at the time of the gift.
- Avoiding capital gains tax on the appreciated value of the securities.
- Potentially receiving a greater income by funding a life income gift.
If you are interested in donating stocks and bonds, closely-held stock, or mutual fund shares to the Picard Center, please contact the UL Foundation at 337-482-0700 for additional details.