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The smallest goal achieved stands taller than the
grandest intention.
Do whatever your heart leads you to do - but do it.
- Unknown
Lane is an excellent investment.
One of the most beneficial ways for a donor to make a gift to Lane
is to donate appreciated securities including appreciated stocks,
bonds, or mutual fund shares held for more than one year. These
gifts entitle you to an immediate income tax deduction for the full
fair market value of the securities and to bypass the payment of
a capital gains tax on the transfer of the securities.*
The best stocks to donate are those that have increased greatly
in value, particularly those producing low yields. If you own stock,
which has dropped in value below your cost, you may want to consider
selling it and donating proceeds from the sale to Lane. Selling
the stock will enable you to claim a capital loss deduction on your
income tax return, and donating the proceeds will allow you to claim
an income tax deduction for your charitable contribution.*
The most common and convenient way to give securities is through
electronic transfer from your brokerage account to Lane’s
brokerage account. You simply inform your broker or bank that you
wish to give securities to Lane and state the number of shares you
wish to give. Please instruct your broker or bank to transfer the
securities into the account for Lane. For details on electronic
transfer of securities, call us at (541) 463-5226.
Stock certificates can be delivered to your local broker with instructions
to hold for the account of designated project and instructions from
Lane. You or your broker should immediately inform the Foundation
that the stock is being held, and the Foundation staff will advise
your broker concerning its disposition.
For other options for transferring gifts of stock, please contact
the Foundation Director at (541) 463-5803 or foundation@lanecc.edu
to discuss these in order to avoid complications.
Every gift makes a difference and brings our students closer to
achieving their dreams.
Thank you for making a difference!
*The information on this page is not meant as tax advice.
To fully understand any implications of your intended contribution
for tax purposes, please consult a professional tax advisor.
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