Leroy and Eva* have been supporting MHA on an annual basis for many years, and recently realized that making a direct transfer of stocks each year, instead of just writing a check, allowed them to make a larger gift at less cost to them.
Gift amount $1,000 $1,250
Income tax savings $280 $350
Cap gains tax savings $0 $188
Net cost of giving $720 $713
Leroy and Eva are in the 28% tax bracket, and a higher tax bracket would make the stock gift even MORE beneficial. If you are interested in making a gift of appreciated stocks or bonds to MHA, contact your broker and provide them with our DTC # (0793), name registration (Mental Health Association of South Central Kansas) and account # (43516232) to complete an electronic transaction. Or, if you'd rather make the gift via wire, use ABA #101100029 and Intrust Bank operating account #41473604.
Gifts of stock can also be given through your will or trust, which would make you a member of our prestigious Bell Society. Call 316.651.1241 for more information.
* Names changed to protect anonymity.