Webb School of Knoxville
Webb School of Knoxville

.

support webb choral students singing and performing in stands

Gifts of Appreciated Securities

Smart gift planning combines charitable intent with cost-efficient planning techniques. Of critical importance is the kind of asset used to fund the gift. Usually, long-term appreciated property can generate the most favorable tax benefits. Reason: Gifts of such property provide a double benefit—a charitable deduction, in most cases, for the full fair-market value of the property—plus avoidance of any potential capital-gain tax.

The chart below illustrates the additional tax savings from a gift of appreciated assets.

 

 

Cash

Appreciated Property

 A.

 Fair-Market Value

$10,000

$10,000

 B.

 Cost Basis

  10,000

   4,000

 C.

 Capital Gain

         0

   6,000

 D.

 Capital-Gain Tax (15%)

         0

     900

 E.

 Charitable Deduction

 10,000

 10,000

 F.

 Actual Tax Savings (24%)

   2,400

   2,400

 G.

 Total Tax Savings (D+F)

   2,400

   3,300

 

 

Contact Us

Hugh Nystrom '85
Director of Advancement
865.291.3837
Hugh.Nystrom@webbschool.org
Webb School of Knoxville
9800 Webb School Drive
Knoxville, TN 37923
Federal Tax ID: #62-0550980

Back

Help Support Webb

Go farther. Go further.