SUPPORT FOR OLDER ADULTS WITH MEMORY LOSS AND THEIR FAMILIES
Transfer Stock to OPICA: Donate Appreciated Securities
Donating stocks or mutual funds to OPICA is a smart and simple way to help support adults with memory loss and their families.
A charitable contribution of long-term appreciated securities – i.e. stocks, bonds and/or mutual funds that have realized significant appreciation over time – is one of the most tax-efficient ways to give (talk with your tax attorney/accountant to see how it works for you).
If the stock has increased in value from the time of purchase, you can avoid paying the capital gains tax by donating the security to a non-profit.
If transferring stocks, mutual funds or other securities it is important to notify OPICA of the specifics of your donation. You will still need to initiate the transfer electronically through your broker.