Gifts of Stock

Transfer stock to the Center and enjoy tax benefits.

Donating appreciated securities, such as stocks or mutual funds, is a tax-wise approach to supporting the work of Open Inn. The benefits available to you when making a contribution of stock or mutual funds may include:

  • avoiding federal and state tax on the capital gain,
  • receiving an income tax deduction (federal and most states) for the full market value of your gift if you itemize deductions on your tax return and have held the assets one year or longer, and
  • making a larger gift at a lower original cost to you.

Before you make a gift of appreciated securities, however, you should consult your financial planner or tax advisor to determine how the potential tax advantages described here apply to your specific situation.

To make a contribution of stock, please contact Linda Reyes, Development Coordinator, at (520) 670-9040 or by email at lreyes@openinn.org.