A gift of appreciated securities includes stocks, bonds, or mutual funds. You may gift these assets to The University of Akron Foundation outright, or by designating the UA Foundation as the beneficiary of these assets. If you have named the UA Foundation as a beneficiary, please let us know. We want to thank you for your generosity.
Giving shares of appreciated stock, mutual funds, bonds, and other securities can often translate into significant tax benefits. If you have owned these assets for more than one year, you can typically deduct this contribution at market value (regardless of cost basis) without incurring any capital gains taxes on the appreciation.
Securities are most often used to support our work in the form of:
An outright gift. When you donate securities to the UA Foundation, you receive the same income tax savings that you would if you wrote us a check, but with the added benefit of eliminating capital gains taxes on the transfer, which can be as high as 20 percent.
A transfer on death (TOD) account.* By placing a TOD designation on your brokerage or investment account, that account will be paid over to one or more persons or charities after your lifetime.
Click on the links below to see the additional ways to fund your gift:
- A gift in your will or living trust.
- A donor advised fund.
- A memorial gift.
- An endowed gift.
- A charitable gift annuity.
- A charitable remainder trust.
- A charitable lead trust.
*State laws govern payable on death accounts. Please consult with your bank representative or investment advisor if you are considering this gift.