Gift of Appreciated Stock

Everybody wins when you make a gift of appreciated stock to the Community Foundation of Southeast Kansas.  Your gains are put to good use.  Your gift of stock is reinvested in your community and it qualifies for an immediate tax deduction based on the full fair market value. 


How it works

 

  • You make a gift of appreciated stock to the Foundation.
     
  • Your gift can be placed into any of our charitable funds. OR you can create a Donor Advised Fund in your name, in the name of your family or business, or in honor of any person or organization you choose. You then have the option of choosing the charitable organizations to benefit from your fund.

 

  • Your gift qualifies for a tax deduction based on the fair market value of your stock; you avoid the capital gains tax that would otherwise arise from the sale of this stock.
     
  • The Foundation handles all the administrative details.
     
  • Your gift can be placed into an endowment that is invested over time. Earnings from your fund are used to make grants addressing community needs. Your gift - and all future earnings from your gift - is a permanent source of community capital, helping to do good work forever.

States across the country are experiencing an unprecedented transfer of wealth as estates change hands from one generation to the next. By 2020 in Kansas alone the transfer of wealth is estimated to be $79 billion, and will increase to $598 billion by 2064.

Many people designate their entire estate to their children. Since more people leave the communities where they were raised much of the inherited wealth leave, too. The Keep 5 in Kansas campaign promotes capturing 5% of the estate wealth which could be up to $4 billion going back to communities.