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Gift of Appreciated Securities
(“Double” Tax Savings!)
A gift of an appreciated asset to the Frederik Meijer Gardens Foundation
can serve as an attractive savings to the donor. If assets have
been owned for more than 12 months and appreciated in value, they
generally result in long-term capital gains tax. When transferred
as a gift, these long-term appreciated assets (1) give the donor
a charitable income tax deduction for the full market value of the
asset and (2) avoid the capital gains tax that would have occurred
if the donor had sold the asset.
Example: A Foundation supporter has a strong interest in education
and the benefits of gardening for individuals of all ages. A donor
gives $100,000 in appreciated stocks that has been held for a long
time and has a cost basis of $10,000.
| Charitable gift |
$100,000 |
| Federal income tax savings ($100,000 x 25%*) |
$25,000 |
| Federal capital gains tax avoidance ($100,000 - 10,000)
x 15% |
$13,500 |
| Michigan income tax avoidance ($100,000 - 10,000) x
3.9% |
$3,510 |
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| Estimated net cost to the donor |
$57,990 |
Benefit to the Foundation:
The $100,000 donation could be used to create an Endowment
Fund with the earnings financing educational programs, including
the benefits of gardening, for children and adults at the Frederik
Meijer Gardens & Sculpture Park. * Individual federal income
tax rates range from 10% to 35%.
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FMGF Giving Form
Tax ID Number
Gift of Appreciated Securities
Charitable Remainder Trust
Charitable Gift Annuity
Gift of Reserved Life
Estate
Gift by Bequest
Gift of Cash
Dontate
Now
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