Taking a closer look at your portfolio?
Consider an appreciated gift of stock.
If you own stocks, you’ve probably been taking a closer look at your portfolio lately. 2022 has been off to a volatile start, which means this may be a good time to adjust your holdings. As you do, keep in mind that donating appreciated stock can be a powerful way to protect the climate and reap increased tax benefits. When you make a charitable contribution of appreciated stock, you’re able to donate the stock at its fair market value and avoid capital gains tax. That equals a greater impact to power Citizens’ Climate’s bipartisan grassroots climate advocacy, and it can mean a larger charitable deduction for you!
Just remember: every financial situation is different, and we always recommend seeking advice from a financial professional to discuss the implications of your gift. Note that gifts of stock to 501(c)(3) Citizens’ Climate Education (CCE) are tax-deductible, whereas gifts to 501(c)(4) Citizens’ Climate Lobby (CCL) are not. Gifts to CCL can still provide certain benefits, however, like avoiding capital gains taxes. If you’d like to learn more about donating stock in support of our climate solutions work, please visit this page on our website. Thank you! Questions? Want more info? Reach out to our Development team at [email protected] or call our home office at (619) 437-7142. |