Donating Stock Has Benefits

For You:

When you donate appreciated stock (investments that have increased in value from the time they were purchased), you may be able to take advantage of IRS tax provisions to claim a charitable tax deduction for the full, fair market value of the stocks. This means you may avoid paying capital gains tax on the transfer. Note: capital gains are increases in value of stock over the price you paid to buy it.

If you sell your stock and donate the cash, you must pay capital gains tax. But if you donate the stock, you do not! Additionally, you can use stock to purchase sponsorships and tickets for WINGS fundraising events. WINGS will give you a tax receipt for the fair market value of the stock.

For WINGS:

By donating your stock directly to WINGS Program, Inc., you avoid paying the capital gains tax, meaning we get a larger donation than if you donated the cash from the sale of the stock after paying taxes.

Give Stock
“Historically, we have just donated cash (via check or credit card) to WINGS and other charities, but we’ve recently switched to donating appreciated stock to charities that accept it. Donating stock that has appreciated is a far better option than simply donating cash since it allows us to avoid any capital gains tax, and the charitable organization, as a non-for-profit, gets the full benefit of the gross investment since they don’t have to pay any taxes on it either.

The FreeWill platform made it easy to execute the donation as the site pulled the forms for me from my broker, facilitated my completion of them, and then filed them for me. I got an immediate acknowledgement that the donation was filed, and within six days I got the final receipt for my tax records; it was all really easy.”

– WINGS Stock Donor 

Contact Us

Fill out this form or contact Shelley Welch, Director of Annual Fund and Charitable Giving at swelch@wingsprogram.com or (847) 519-7820 x222

Disclaimer: WINGS Program, Inc., does not provide legal, tax, or financial advice. This material is prepared and made available to you for informational purposes only. You should consult professional advisors concerning legal, tax, or financial consequences of your charitable activities.

Beneficiary Information
Cryptocurrency
Donor-Advised Funds
Endowment Fund
IRA/QCDs
Legacy Gifts
Donating Stocks
Resource Library
By including WINGS Program, Inc. in your legacy, you ensure lasting support for domestic violence survivors and become part of a community dedicated to long-term impact and change
View All Smart Giving Options