Donating appreciated stocks, bonds, or mutual funds is a simple and quick way to support the Nature Camp Foundation. If you hold stocks, bonds, or mutual funds that have risen in value and you have held them for more than a year, you may want to consider using them to make a gift for several reasons. First, a donation of appreciated securities qualifies you for a charitable income tax deduction for the full fair market value of the security on the gift date. This amount is generally deductible up to 30 percent of your adjusted gross income. Also, when you transfer the securities directly to the Nature Camp Foundation, you won’t incur capital gains tax, allowing you a greater tax benefit than if you simply sold the securities yourself and donated the cash from the sale. Consult your tax advisor for how the rules impact your situation.
Once you are ready to make your gift, contact your broker, and instruct him or her to transfer the number of shares you would like to gift to:
Wells Fargo Advisors
Account number 6274-3378
Nature Camp Foundation
217 S. Main St
Lexington, VA 24450
Please be sure your broker or you notify the NCF Treasurer of the stock gift, and any special designations. If you need assistance or more information, please contact Mike Meads, NCF’s account manager at Wells Fargo (540-463-2998) or you can email the NCF Treasurer.