It’s easy to donate stocks or shares to the University of Strathclyde USA Foundation (USAF).
The Foundation works with a brokerage firm to help you transfer your stock, which will be sold immediately upon receipt. The University of Strathclyde USA Foundation’s Board will take into consideration your preferred project when awarding a grant of the proceeds.
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 of all ways to give. As the securities are donated rather than sold, capital gains taxes from selling the securities no longer apply. The more appreciation the securities have, the greater the tax savings will be.
Gifts to the University of Strathclyde USA Foundation qualify for an income tax deduction to the limits allowed by law. Consult with your financial advisor for full details regarding income tax deductions.
For more information about giving via stocks or shares, please get in touch with Karen Boyle on karen.boyle.100@strath.ac.uk or 011 44 141 548 5873.