Many investors own appreciated stocks, some of which may pay low dividends. If you sell the shares, you pay a commission to your broker and 15% to the IRS as tax on the appreciation, and usually another tax to the state. When you donate appreciated assets -- such as shares of stock -- with the same value as your check, the benefit and the deduction are the same, but the cost to you is less. You pay no commission for the transaction. You never pay the federal or state capital gain tax on the appreciation in value. PJAC, is a PA, 501 (C) (3) non-profit corporation and can sell the shares and pay no tax. With PLANNED GIVING, 100% of your contribution can be used for the Archives. Please call PJAC at 215-925-8090, ext. 242, for more information.
Please call David Washington, Director of Library External Affairs and Advancement, at 215-204-9305, for more information.