Appreciated Securities
Expanding Your Means
Giving appreciated stock or bonds to Columbia is often better for you than giving cash. If you give appreciated securities held longer than one year, you can deduct their full fair market value, regardless of what you originally paid for them. Though your total deduction is limited to 30 percent of your adjusted gross income in any year, you can take any unused deduction over five succeeding tax years. And, you pay no capital gains tax on the donated securities! With these tax savings, the actual cost of your gift is less than if you made a cash gift.
For More Information
E-mail us, submit a Personal Illustration form, or call us at 800-338-3294.
- You receive gift credit and an immediate income tax deduction for the fair market value of the securities on the date of transfer (if they’ve been held for over one year) no matter what you paid for them.
- You pay no capital gains tax on the securities you donate.
- You can direct your gift to the fund or area that most interests you.
- You can make a significant gift now or fund a life-income gift that benefits Columbia later.
Office of Gift Planning
gift.planning@columbia.edu
475 Riverside Drive
New York, NY 10015
(800) 338-3294
