Gifts of Stock

A gift of stock can provide support for the JLB and offer you financial benefits as well.  If you have owned the securities for more than one year and itemize deductions, you may be entitled to an income tax deduction for the full market value of the securities.  By gifting the securities to the JLB, you also may avoid any capital gains taxes that would be due if you sell the stock.  Gifts of appreciated securities that pay little or no dividends make especially good choices for charitable contributions.  If you own securities that have decreased in value, it is generally advisable to sell the securities and then donate the cash proceeds.  This way, you may be able to deduct the loss to help offset other gains.  Be sure to check with your tax advisor for the effect of a gift of securities on your specific circumstances.  Publicly traded securities (stocks, bonds, etc.) are easily transferable to the JLB.  If you are ready to make your gift, please email your contact information to funddevelopment@jlbalt.org.

Your commitment and generosity are very much appreciated. Because of supporters like you, the Junior League will remain a powerful resource for the Baltimore community for generations to come. Together we are indeed “Building a Better Community.”