What are appreciated assets?
God has blessed many in the Baltimore region and beyond with appreciated assets. These are non-cash assets such as stocks, mutual funds, real estate, and alternative investments like art, collectibles, or cryptocurrency.
Gifting appreciated assets to a charitable organization like the Center for Pregnancy Concerns is a wonderful way to increase your ministry impact while minimizing your tax burden:
- You receive a charitable tax deduction for the fair market value of your asset.
- You avoid capital gains tax on the appreciated portion of your gift.
- You may find, as others have, that you’re able to give more generously than when giving cash.
Other questions? Call Paula Caponiti, Director of Development, at 443-884-9208 or via email.