A charitable gift of stock provides an opportunity for tax savings while generously supporting the life-saving work of Texas Right to Life. Donating stock that has been held longer than one year allows you to avoid paying any capital gains tax that would otherwise be due. Additionally, you can receive a charitable tax income tax deduction for the fair market value of the stock on the date the stock is transferred. The best part: making a stock transfer is simple.
For instructions on how to transfer stock electronically, please contact our Finance Manager Gabe Sanchez at ProLife@TexasRightToLife.com.