What should you do when the Dow is moving?
Think Habitat for Humanity Inland Valley
In recent months the stock market has been climbing and reaching new levels never seen before. You might ask, "Why is the stock market so high?" and, “Is there a way in which this can help Habitat for Humanity Inland Valley?" Our response is thanks to a growing consumer confidence we hope the strong market will inspire further generosity among our supporters.
Many of our donors have realized growth in their stock investments in a very short time. For example Apple sold not long ago for $92.00 a share. At the time of this writing it was worth $175.00 per share! This example and others like it provide an excellent opportunity for making a contribution to HFHIV. With a low investment cost, a contribution of appreciated securities earns an income tax deduction on the date it is contributed based upon its current value and in addition, saves capital gain tax.
Right now, you can leverage your earnings to make a larger donation than you may have thought possible at a low cost to you and help provide families with their first home. Families, it’s all about families and you can have a life changing impact on the families we serve.
For more information about how you can benefit from making a gift using appreciated securities, please contact Eric Bunge, Director of Special Gifts, at (951)296-3362, or email Eric@habitativ.org
The information provided here is for illustrative purposes only and is not intended as legal advice. For legal or tax advise Habitat for Humanity Inland Valley recommends contacting your legal or tax advisor.