Donating Stock and Securities
Giving to the ALSC
Gifts of appreciated securities can increase your giving power to benefit the Association of Literary Scholars and Critics (ALSC). The IRS allows donors to deduct the full, fair market value of appreciated assets given to the ALSC, with no recognition of capital gains. That means that donors can leverage a large donation and charitable deduction using an asset with a small cost basis.
Please note that you must donate the stock to avoid the capital gains tax. If you sell the stock first you will be required to pay the tax. Donors can deduct gifts of appreciated assets up to 30% of their adjusted gross income. The IRS allows donors to carry forward the excess deductions up to five years.
Contact us today to arrange your major gift of appreciated stock. The process is quick and easy, and the difference you’ll make is substantial.
ALSC Major Gifts
650 Beacon Street, Suite 510
Boston, MA 02215
Phone: 617-358-1990
Fax: 617-358-1995
E-mail: alsc@bu.edu
The Association of Literary Scholars and Critics
650 Beacon Street, Suite 510
Boston, Massachusetts 02215
Phone: (617) 358-1990 | Fax: (617) 358-1995
E-mail: alsc@bu.edu
Copyright © 1995-2009 Association of Literary Scholars and Critics