Stock gifts are a particularly effective way to support The First Tee of the Virginia Blue Ridge. If you own stock or other securities that have appreciated since you acquired them, you may face capital gains taxes when you sell them. Donating that stock to The First Tee of the Virginia Blue Ridge might be a wise decision for you because
- Neither you nor The First Tee of the Virginia Blue Ridge (a non-profit organization) must pay capital gains tax—meaning that we receive the full value of your stock;
- You can receive a charitable deduction for the full market value of your gift;
- You make an important contribution (perhaps larger than you could afford if you gave cash) that furthers youth development work you care about.
To transfer stock to The First Tee of the Virginia Blue Ridge, contact Jin Ellington at (434) 987-0133 or email@example.com