Stock Gifts

Stock Gifts

Your gift of appreciated securities to Cancer Support Community Greater St. Louis is an easy and prudent way to gain substantial tax benefits. Most gifts of appreciated securities that you have held long tern (more than one year) are fully deductible at current fair market value, and you do not incur a tax on unrealized capital gain.

The Most Cost-Effective Gift

As the chart below illustrates, a direct donation of stock to Cancer Support Community of Greater St. Louis is the most cost-effective method when compared with a gift of cash or the sale of securities followed by a gift of the proceeds. 


Give $10,000 Cash Sell $10,000in Securities and Give Cash Give $10,000 in Securities Directly
Fair market value of gift $10,000 cash $10,000 sale proceeds $10,000 in stock
Cost basis $10,000 cash $10,000 in stock $10,000 in stock
Capital gain $0 $8,000 from sale $8,000 avoided
Federal Capital gains tax $0 ($1,200) due to IRS $1,200 avoided
Income tax savings $4,000 $4,000 $4,000
Total tax savings $4,000 $2,800 $5,200

*Above illustration assumes a 15 percent capital gains tax and a 40 percent combined federal and state income tax bracket.

A Wise Time to Donate Securities

Consider a gift of appreciated securities whenever you prefer not to incur capital gains tax, such as in these circumstances:

  • When a takeover is contemplated
  • When you wish to upgrade your portfolio
  • When you wish to donate cash or holdings in your closely held corporation
  • When you wish to increase your cost basis in a stock you intend to hold
  • When you want a higher yield

Your Broker May Transfer Stock to Our Account at:

UBS Financial Services
1 N. Brentwood Blvd., Suite 1400
St. Louis, MO 63105
Marty Oberman (assistant Vicky)
314-746-4142
DTC account #: 0221
Account Name: Cancer Support Community of Greater St. Louis
Account #:  MR07319

For inquiries or to notify Cancer Support Community of a transfer, please contact Tricia Hendricks, Development Director, at 314-238-2000 extension, 226, or thendricks@cancersupportstl.org.

Our Community Partners
Accredo
Ameren
Emerson
Mercy
Siteman Cancer Center
Staenberg Family Foundation