Donate Stocks, Bonds, or Shares of Mutual Funds to Worldview Resource Group

Gifts of stocks, bonds, or shares of mutual funds that have increased in value make tax savings possible and are an easy, convenient way to support Worldview Resource Group. They are also fully tax-deductible.

If the stocks, bonds, or mutual funds have been held long term, it is more advantageous to the donor to give these securities directly rather than to sell them and give the proceeds from the sale. By making a gift of the appreciated securities themselves, donors may completely avoid the capital gains tax, allowing the gift to be made at a significantly lower cost while receiving a deduction for the full current fair market value.

Special Note: It is important to notify Worldview Resource Group when you have completed your request to your broker or financial institution. Please send a copy of your letter of authorization to Bob Strauss, President and CEO of Worldview Resource Group.

Address: Worldview Resource Group
Stock Donation
P.O. Box 63299
Colorado Springs, CO 80962-3299

You can also use our contact form and select Donations.

If You Have Held the Stock for Less than a Year
If you have held the stock for one year or less, the stock is ordinary income property, so it is taxed at ordinary income rates. The amount you can deduct, then, depends on whether or not the stock has increased in value during the period you have owned it. If the stock has increased in value during the time you have held it, you can deduct the basis of the stock. The basis is what you paid for the stock plus any commissions and fees that you paid to purchase that stock.

If You Have Held the Stock for More Than a Year
If the stock is considered long-term capital gains property (stock that has been held for more than one year), the charitable contribution is the fair market value on the date of the donation -- as long as your contribution deduction does not exceed 30% of your adjusted gross income.

To donate stocks, bonds, or shares of mutual funds:

1. Contact your broker, financial institution, or mutual fund administrator to find out what is required to authorize a transfer of stocks, bonds, or shares of mutual fund shares to Worldview Resource Group.
2. Please e-mail or mail WRG a copy of the letter of authorization that you send to your broker. The letter should include:
   • Your name and address, so that a receipt can be sent
   • Name of the stock, bond, or mutual fund and number of shares
   • Name of your brokerage firm
   • How you want the donation to be used