Gifts of Stock
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Overview
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Musica Pacis’ board members strive to be good stewards of the gifts entrusted to us. We encourage you to consider the advantages of giving stock to Musica Pacis.
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By giving appreciated stock to a charitable organization, you avoid paying capital gains tax on the increased value of the stock. Because you are giving to a charitable organization, your gift is deductible for the market value of the stock at the time it was given.
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If you plan to give securities to the organization, please notify us to make the necessary arrangements.
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It is our policy to immediately sell all stock gifts and deposit the proceeds from the sale in Musica Pacis’s bank account.
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You can accelerate your tax deduction and, at the same time, help Musica Pacis significantly by giving stock before year-end. You will get to take credit for the gift against any tax liability for the current year.
Giving appreciated stock is a win-win for the donor:
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Musica Pacis receives a gift as good as cash that will be used for our work to promote our mission.
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Donors receive a charitable tax deduction equal to the fair market value of the stock and avoid capital gains tax on the appreciated value of the stock.