Here’s how it works – you give 100 shares of stock with a current fair market value of $5,000. You bought the stock for only $1,000 more than a year ago. Today, you may be able to deduct the full $5,000 on this year’s income tax return (the first tax benefit). The $4,000 capital gain is not taxed, even though it has “inflated” your charitable deduction. Avoiding the capital gain tax makes it possible to give stock at a lower actual cost to you rather than making a cash gift (the second tax benefit). You save & the Club receives an abundant impact!
You must have owned the shares for at least one year, and deductions and exemption are subject to legal limits. Please consult your financial advisor.
Make a Stock Donation
Please provide your administrator company our Brokerage Account Information to schedule your donation transfer.
Account Name: Boys & Girls Clubs of Central Wyoming
Account Number: 51778165
DTC Number: 793
Account Name: Boys & Girls Clubs of Central Wyoming Endowment Foundation Inc.
Account Number: 31967089
DTC Number: 0793
Please advise Patty Bratton, Director of Major Gifts and Planned Giving, of your stock gift so that we are able to identify the donor. 307.235.4079 or byemail.
1701 E "K" St.
Casper, WY 82601
Club number: 307.234.2456
Program Support: 307.235.4079