Donating long-term appreciated securities, such as stocks, bonds, or mutual funds, is often more tax-efficient than giving cash because you can avoid capital gains taxes while receiving a deduction for the full market value. A gift of appreciated stock to Notre Dame supports the University’s mission and can be made outright as an expendable or endowed gift. Appreciated securities are also a powerful way to establish a Charitable Remainder Trust or Donor Advised Fund with Notre Dame.
As David approached retirement, his equity holdings rose above his target allocation, but selling would have triggered significant capital gains taxes. Instead, he donated a portion of his appreciated stock to Notre Dame, directing his gift to a scholarship fund for deserving students. By doing so, he rebalanced his portfolio, avoided capital gains, received a tax deduction, and made a lasting impact at the University.