Give Stock and Maximize Your Impact at the Wolf River Conservancy
Did you know there’s an easy, tax-smart way to support the Wolf River Conservancy? Consider donating stock! This option allows you to make a larger impact without spending cash, while also providing significant tax benefits for you.
Why Donate Stock? When you donate stock, you get two major benefits:
- Avoid capital gains tax – By giving appreciated stock that you've owned for more than a year, you won’t have to pay taxes on the increased value of the shares.
- Receive a tax deduction – You can claim a charitable tax deduction for the full fair market value of the donated stock that you have owned for more than one year.
For example, if you purchased shares for $1,000 and are now worth $5,000, you’d normally be taxed on the $4,000 gain if you sold the stock. But by donating it to Wolf River Conservancy, you avoid the tax and help protect our local environment.
How It Works:
- Contact your broker – They can help you start the process of transferring stock.
- Reach out to us – We can provide the necessary details for your broker, including the Conservancy’s account information.
Even if you’re not a financial expert, this process is straightforward and can make a big difference. According to Fidelity Charitable, while many people have appreciated assets like stock, only a small percentage take advantage of the tax savings by donating them.
Let us help guide you through the process if you're considering this option. Together, we can protect the Wolf River Watershed while maximizing your tax benefits!
For more information, contact us today!
And please know that any way you choose to give will be deeply appreciated, as always.
A heartfelt Thank You!
Bob Rogalski Chief Financial Officer
Wolf River Conservancy
Did you know there’s an easy, tax-smart way to support the Wolf River Conservancy? Consider donating stock! This option allows you to make a larger impact witho
