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Support Us > Stocks / Securities
Russian Missions will gladly accept your gift of securities.
We appreciate your gift as it will benefit many needy
persons.
Please feel free to review the information in this
site to see how you can realize significant income and
tax-saving benefits while helping to save countless
lives in Russia. However, we encourage you to consult
with your legal and financial advisors prior to any
financial change to your portfolio. We are not trained
in complex financial matters and offer this site only
as an initial reference.
Overview of Tax Benefits
A gift of appreciated securities held for more than
one year may provide significant benefits to you as
a contributor, such as:
- Entitling you to a charitable income tax deduction
for the fair market value of the gifted securities
as of the date of gift.
- Eliminating capital gains tax that would ordinarily
become due if you had sold the appreciated securities
on the open market and donated the proceeds from the
sale to charity.
- Claiming your charitable deduction against up to
30% of your adjusted gross income. Any unused deductions
can be carried forward over the next five years.
- Providing a way to help you to achieve your long-term
financial objective of reducing your income and estate
taxes.
If you have securities that have declined in value
over the years and are interested in donating them to
Russian Missions, you may find it more advantageous
to sell the securities first and contribute the proceeds
to charity as opposed to donating the securities outright.
This strategy should allow you to claim a deduction
for both the
loss from the sale of the securities as well as the
charitable gift.
If you are considering donating stock that is subject
to a cash merger or tender offer, it's important for
you to note that you will be subject to tax on the capital
gain even though the shares were transferred to us before
the tender offer became effective.
You should always consult with your financial advisor
before initiating a charitable gift arrangement.
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