Gifts of Stock
How to Support The San Diego Food Bank
Gifts of stock, bonds and mutual funds can allow you to support the Food Bank while realizing significant tax benefits such as avoiding capital gain taxes.
Consider Donating Appreciated Securities
Are you holding shares that have appreciated significantly in value but pay a low dividend? Consider donating appreciated securities (stocks, bonds or mutual funds) to the Food Bank.
Fighting hunger with a gift of appreciated securities you’ve held for more than one year is the same as giving cash.
By donating to the Food Bank, you may be able to reduce or avoid capital gains taxes and receive a federal income tax charitable deduction.
And for every dollar donated, your gift will provide two meals to San Diegans in need.
Giving appreciated stocks or bonds allow donors to make a significantly greater gift than the original cost of the assets. With certain limitations, donors may deduct the full fair market value of long-term appreciated securities that have increased in value. The gift of appreciated assets usually avoids tax on the gain.
Gifts of securities are deductible up to thirty percent (30%) of a donor’s adjusted gross income with a five-year carryover. And donors may elect to qualify for a fifty percent (50%) adjusted gross income ceiling by reducing the value of the gift by the full amount of its appreciation, deducting only what was originally paid for the asset.
Please contact Maureen, Director of Individual Giving if you would like to make a gift of stock to the Jacobs & Cushman San Diego Food Bank – mpolimadei@sandiegofoodbank.org or 858-863-5129
Click here to read our Donor Privacy Policy, or download a copy here.
Other Ways to Give to the San Diego Food Bank
There are many other ways that you can support the San Diego Food Bank outside of financials gifts. Learn all of the areas that you can help support feeding San Diego residents below.
