Planned giving is exactly what the name implies. It’s forethought and/or scheduled giving usually with the help of your financial advisor. Planned giving refers to several gift types such as cash, equity or property. Basically how it works is that a donor considers a gift to a selected organization or institution to be given at a future date – either planned at a certain time or when death occurs.
Stock portfolios are valuable asset and they also come with one of the highest potentials for capital gains tax. By donating publicly traded stock you have owned for over a year to an organization like All Saints Catholic School, you are exempt from paying capital gains taxes on any increase in value and you are entitled to a federal income tax deduction based on the current fair market value of the securities, regardless of their original cost.
We hope that All Saints Catholic School becomes an organization of choice for your planned giving.