The Dallas Foundation can accept many different types of assets as gifts.
From simple to complex donations, we work with your legal and tax advisors to help fulfill your charitable goals while providing maximum tax benefits. Gifts of cash, appreciated securities, closely held stock, real estate and other tangible property are accepted.
Donors may also choose to perpetuate their legacy and support the causes and charities they love by naming The Dallas Foundation in their will, trust or retirement account. Sample language to include in your estate plan may be found here. Visit the Leave a Legacy page to get more information on planned giving.
Gifts of Stocks and Bonds
Donating appreciated securities, including stocks or bonds, is an easy and tax-effective way for you to make a gift to The Dallas Foundation.
Benefits of Gifts of Stocks and Bonds
- Avoid paying capital gains tax on the sale of appreciated stock
- Receive a charitable income tax deduction
How to make a Gift of Stock and Bonds
By electronic transfer: Please Contact Us for instructions on transferring stock or bonds from your brokerage or investment account to The Dallas Foundation.
By certified mail: If you hold securities in certificate form, you will need to send--by certified mail-- two separate envelopes to complete your gift. In the first envelope, place the unsigned stock certificate(s). In the other envelope, include a signed stock power for each certificate. You may obtain this power from your broker or bank. Please remember to use certified mail.
More on Gifts of Stock and Bonds
There are special rules for valuing a gift of stock. The value of a charitable gift of stock is determined by taking the mean between the high and low stock price on the date of the gift. Mutual fund shares are valued using the closing price for the fund on the date of the gift.
The Dallas Foundation
Reagan Place at Old Parkland
3963 Maple Avenue, Suite 390
Dallas, TX 5219
IRA Charitable Rollover
In 2015, Congress enacted a permanent extension of the IRA charitable rollover. As a result, individuals age 70½ or older can make gifts directly from their IRA to charity in 2016 and beyond.
You may be looking for a way to make a big difference to help further our mission. If you are 70½ or older, you may also be interested in a way to lower the income and taxes from your IRA withdrawals. An IRA charitable rollover is a way you can help our community, plus benefit this year.
If you have any questions about an IRA charitable rollover gift, please Contact Us. We would be happy to assist you and answer any questions you might have.