Board & Staff
BOARD OF DIRECTORS
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Betty Gaertner
Chair
Directors
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Suellen Boyd
Talia Klein Leighton
Laurel Rothman
Carrie Goldstein Mazoff
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Founders
Rabbi Arthur Bielfeld
Dodo Heppner
Roger Hyman
GIFTS OF
AND SECURITIES
STOCK
Gifts of stock and securities are simple, may bring you tax benefits, and have big impacts for hungry people.
THE BENEFITS OF
GIFTS OF STOCK
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TAX SAVINGS: If you SELL a security, you pay tax on 50% of the capital gain. However, when you DONATE securities to Mazon, you do not pay ANY tax on the capital gain.
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LARGER RECEIPTS: You'll receive a tax-deductible receipt showing the FULL VALUE of the stock the day we receive it - more than if you sold the stock to donate the after-tax value.
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REDUCE EXPOSURE: If you donate some of your appreciated shares and then buy new shares to reset your cost basis at the current, higher price, you reduce your future capital gains tax exposure if the stock continues to grow in value.
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IMPACT ON HUNGER: Your donations of listed securities feed people in need across the country, touching even more lives than if you sold the stock to donate the after-tax value !
EXAMPLE:
Let's say you bought $1000 of a stock, and over the years it has increased in value to $5000. Compare what happens if you sell the stock and donate the value, versus donating the stock itself:
Breakdown | Sell stock; donate value | Donate stock directly |
|---|---|---|
Original cost of Securities | $1000 | $1000 |
Current Market Value | $5000 | $5000 |
Capital Gain | $4000 | $4000 |
Estimated Tax on Capital Gains | $920 | $0 |
Donation Amount After-Tax | $4080 | $5000 |
Your Charitable Tax Credit | $1876 | $2300 |
Mazon gets $920 more!
Your tax credit is for $424 more!
HOW TO MAKE A
GIFT OF STOCK
TO MAZON CANADA
1) Complete the simple form below.
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2) Give the form to your broker. If you do not have a broker, fax this form directly to your investment firm.
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3) Send a copy of the form to our broker (or ask your broker to do this). Contact information is in the form.
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4) Send a copy of the form to MAZON Canada (or ask your broker to do this), so we can issue a receipt for your gift. Contact information is on the form.
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THANK YOU FOR BUILDING
A BRIGHTER FUTURE
WITH A GIFT OF STOCK
"It is because of you guys that my family is healthy.... This kind of food is helping my mother with her cancer because she needs the nutrient dense food that your program has been offering us. We cannot thank you enough for all you have done for us." - Client at Leftovers Foundation (AB)
