PEOPLE REACHING OUT TO OTHER PEOPLE

Gifting shares of appreciated securities (stocks, bonds, mutual funds) can be a great way to support PROP and at the same time receive a tax break. If you gift shares that have appreciated in value you may benefit by taking a deduction for the fair market value of the shares gifted. Because it is a gift (versus a sale) you won't have a capital gain to report and pay tax on. You benefit and PROP benefits by receiving the full amount of the gift!

If you are considering gifting shares of appreciated investments please contact the Executive Director and ask for our DTC number as well as brokerage account number. We'd be happy to help!