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GIFTS OF STOCK AND OTHER APPRECIATED ASSETS

Gifts of stock and other appreciated assets are valuable ways to make a contribution to KPTS and receive tax benefits based on the value of the assets. Appreciated assets have a higher market value than their basis or cost. Stock and other assets will, if sold by you or a non-charitable organization at a price higher than their basis, potentially generate taxable capital gains (either long-term or short-term, depending on the holding period).
If you donate an appreciated asset to the KPTS, you may take a charitable tax deduction, based on the current market value of the gift, plus avoid tax on any capital gains. KPTS will sell the asset, realize the full market value, and as a nonprofit organization, won’t have to pay tax on any capital gains. The proceeds directly benefit KPTS’ mission to education, engage, entertain and enrich Kansans.

If you are interested in giving a gift of stock, securities or property, contact:

Phil Richardson
KPTS Major Gifts Development Manager
316.838.3090 ext 221 or 800.794.8498 ext 221
prichardson@kpts.org

Please consult your professional tax advisor to determine a gift best suited to you.

Don't hesitate. Benefit on this year’s income taxes.
Stock gifts to KPTS must be received by December 31st.

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