A Gift of appreciated securities — buy low, give high

Donating appreciated securities often allows you to make a bigger charitable impact than might otherwise be possible.

What classifies as a security? Generally, securities are any share of stock in a corporation; any note, bond, debenture or evidence of indebtedness; cryptocurrencies; and treasuries.

Benefits

Make your gift with appreciated assets instead of cash and maximize your tax savings and the value of your gift.

• If you donate securities or similar assets that you have owned for more than one year, you are entitled to a charitable income tax deduction based on their current value.

• You also avoid the capital gains tax that you could have paid if you sold the stock and then donated the proceeds.

• Because the value of these assets may have increased significantly over time, your tax savings may be sizable.

• By donating the appreciated stock, you are actually giving 20% more than if you sold the stock and then made a cash donation, according to Fidelity Charitable (2023). And the direct cost to you is the amount you paid for the security.

How It Works

For some donors, the donation of appreciated securities is an easy way to make a gift to Meher Mount.

• When you give appreciated securities, Meher Mount will sell the appreciated assets and direct the funds according to your instructions.

• You can also pledge a future (planned) gift of appreciated securities to Meher Mount as specified in your will or estate.

• With either a current or planned gift, the value of the gift for tax purposes is determined by the date the security is received in Meher Mount’s brokerage account and is the actual gift date.

How to Make a Gift of securities to meher mount

You can make a current gift of appreciated securities now. You may also designate appreciated securities as a gift from your will or trust. To donate securities to Meher Mount, you will need to provide the following information to your brokerage firm:

Legal Name: Meher Mount Corporation
Address: 9902 Sulphur Mountain Road, Ojai, CA 93023-9374
Telephone: 805-640-0000
Federal Tax ID: 77-0236525
Status: 501(c)3 non-profit, charitable organization

You can designate your gift for either the Meher Mount General Fund or the Agnes Baron Endowment for Meher Mount.

Please contact Meher Mount’s Treasurer Robert Turnage at 916-837-3907 or robert.turnage@sbcglobal.net to assist you in directing your securities to Meher Mount’s brokerage firm.

Consult Your Personal Advisors

The information provided above is not to be construed as tax, accounting or legal advice and could change as tax laws change. You are advised to consult with your legal advisor, tax advisor, or professional estate planner to determine which options are best suited to your individual situation.

Share Your Plans To Ensure Your Legacy

If you have already included Meher Mount in your plans (or you intend to), please let us know. Meher Mount can provide you and your advisor(s) with any needed information. We will make sure your gift is used exactly as you wish. And we would like to personally acknowledge your thoughtfulness and generosity.

Questions About Donating Appreciated Securities — Either Today or as a Planned gift? Use this Form.

Conversations with Meher Mount’s planned giving team are always confidential and never imply an obligation. Robert Turnage, Treasurer for Meher Mount, will respond and provide the information you requested.