Gifts of Stock
Your broker can assist you in making a gift of stock to EqualityMaine. If you have owned the stock for more than a year, and if it has appreciated in value, you may receive greater tax benefits than making a contribution in cash. In most cases, your charitable income tax deduction will be equal to the fair market value of the stock. You may also avoid paying capital gains tax on any appreciation in value over the original value of the stock. Please consult your broker and tax professional for information specific to your portfolio and tax status.
Please contact Development Director, Christopher O'Connor, before making a gift of stock. He may also be reached by phone at (207) 761-3732.