Stock Donations: A Win-Win for Your Heart and Wallet!

When thinking of donating to Hillcrest Platte County, something to consider is the donation of appreciated stock, bonds, or mutual funds.

Donating directly to HPC may help you donate more efficiently, saving you money on taxes. The money saved goes directly to HPC as a 501(c) 3 when the full value of the stock is transferred.

Here’s the other benefit: You’ll get a tax deduction for the full fair market value of the stock at the time of the transfer. The tax deduction limit for gifting stock to a public charity is up to 30% of your adjusted gross income, though you can carry any excess over for up to five years.

Before making any investment decisions, please review with your tax and/or investment consultant.

Hillcrest Platte County has a brokerage account that is set up to receive stock donations. To initiate a stock transfer, please contact Karen Wagoner, Director of Operations for more information at karen@hillcrestplatte.org.