For years, you have carefully invested and watched your savings grow. What took a lifetime to build can be instantly lost through capital gains tax when you sell. But it doesn’t have to be that way.
Rather than sell your stock, consider giving some of it to Amarillo Area Foundation. You won’t pay any taxes and you receive an income tax deduction for your gift.
AVOID capital gains taxes of 20% or more
RECEIVE an income tax deduction for the full amount of your gift
MAKE a meaningful gift with no cash out-of-pocket
CAPTURE the value of your stock and end the worrying about market ups and downs
PUT your gift to work right away for the causes you care about most
Vice President of Development