Gifts of stock, bonds or mutual funds
Give now without hurting your cash flow
- Gifts of publicly traded stocks, bonds and mutual funds are the most traditional form of non-cash donations to charity.
- The donor is not taxed on the long-term capital appreciation of the gifted stock, bond or mutual fund.
- The donor recives an immediate income tax deduction based upon the current market value of the gifted stock, bond or mutual fund.
- Proceeds for the sale of the donated stock, bond or mutual fund are used to support the programs and services that Crossroads provides to the homeless and disconnected in Rhode Island.
For more information on how to donate stocks, bonds or mutual funds to Crossroads Rhode Island, please contact Karen Santilli in the Development Office.