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Planned Giving - StockIf your investment portfolio includes highly appreciated, low-yielding stock or mutual funds and you're considering a membership gift to Eight/KAET, you may want to think about making a gift of stock or mutual funds. It's a tax-wise way to support Eight.
Gifts of appreciated securities held longer than one year are exempt from capital gains taxes and entitle the donor to a tax deduction equal to the market value of the securities at the time of transfer. To avoid exposure to capital gain tax, the stock must be transferred to Eight/KAET-TV. We then sell the stock from our account, and you receive credit for a gift of the net proceeds. |
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"KAET presented me with an opportunity to leave a legacy through projects and issues that were important to me. Planned giving motivates you to make the gift during life, but allows you to still be in control of the assets used to make it. I like this because I know the work will continue long after I'm gone."
Gary McMahan
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