Thank you for your interest in donating securities to the Children’s Literacy Foundation.
There are often significant tax advantages to donating appreciated securities to CLiF. In most cases, the full market value of securities is deductible, while the capital gains are eliminated. For example, if you paid $300 for stock that is now worth $1,000, by donating it to a non-profit organization you can avoid capital gains tax on the $700 profit and deduct the full $1,000 contribution.
If you are interested in donating securities to CLiF, or would like to learn more, please contact CLiF Executive Director Duncan McDougall at 802-244-0944, gro.e1500864271nilno1500864271filc@1500864271filc1500864271, or at the address below. Duncan would also be pleased to contact your broker and provide the information necessary to complete the transaction.
Thank you again for supporting CLiF and our work to advance children’s literacy throughout New Hampshire and Vermont. The need is very great, but with your help we will make a difference!
Children’s Literacy Foundation (CLiF)
1536 Loomis Hill Road
Waterbury, VT 05677