Donating appreciated assets such as stocks, bonds, and other investment vehicles, is one of the fastest-growing means through which community investors donate to local nonprofits. See the bottom of this page for more information about some of the benefits of donating appreciated assets. We are not providing financial advice, only information about options available to you. Please contact your financial professional for specific advice to meet your personal needs.

To donate appreciated assets, please contact:

Michael Tukeva

President/CEO

Michael@PoconoUnitedWay.org

Once the desired assets are defined and earmarked for community investment, you will receive instructions to provide to your financial institution to make the transfer to PNC Bank. Relevant documentation and required paperwork will be shared with you by Pocono Mountains United Way and PNC Bank.

More information about donating appreciated assets:

If you donate long-term appreciated assets like bonds, stocks, or real estate to charity, you generally don’t have to pay capital gains, and you can take an income tax deduction for the full fair-market value. It can be up to 30 percent of your adjusted gross income. Stocks and bonds that have increased in value can be a powerful giving tool because you get an income tax deduction and avoid the capital gains tax. When you give securities directly to a qualified charity, your income tax deduction is based on the security’s fair market value and can offset up to 30% of your adjusted gross income (AGI), which could reduce your tax bill. Also, by giving appreciated securities directly (or through a donor-advised fund), neither you nor the charity pays a capital gains tax on the donated securities. For some donors, this means you can give more than if you had sold the security, paid the tax and then given the remaining cash.