Consider donating your Anheuser-Busch or other appreciated stock!

Investing in Wyman teens is an investment in the future of St. Louis…
A $25,000 gift could cost you less than $3,000!

• Avoid capital gains tax on the stock’s increased value

• Receive an income tax deduction equal to its full fair market value

• Combining a gift of appreciate stock with State of Missouri tax credits could even save you additional money and increase the impact of your gift.

With the current state of the economy, we know that donating to a charitable cause can be difficult. However, the recent news of Anheuser-Busch reminds us of another giving opportunity for our donors. Appreciated stocks are one way to save money and still be able to support our community’s future through a gift to Wyman teens.

When capital gain property you have owned for more than one year is given to a qualified charitable organization such as Wyman, it is deductible for its full fair market value. If you also want to take advantage of YOP or NAP tax credits, the savings multiply! Here is how…

Market value of stock: $25,000
Tax basis of stock: $ 5,000
Capital Gain on stock: $20,000

Federal Tax on Capital Gains (15%): $ 3,000
State Tax on Capital Gains (6%): $ 1,200
Total Tax on Capital Gains: $ 4,200

Individual Tax Bracket: 35%
Donation Amount: $25,000
Federal Tax Savings: $ 8,750
Federal Tax Credit for YOP Credit Benefit: <$ 4,900>
Total Federal Tax Benefit: $ 3,850

MO Tax Cost Savings from YOP (50%): $12,500
MO Tax Cost Savings from 6% Deduction: $ 1,500
Total MO State Tax Benefit: $14,000

Cost of Donation ($25,000, -$3,850, -$14,000): $ 7,150
Less: Avoided capital gains taxes: $ 4,200

Net Cost of Donation: $ 2,980

This chart is an example of savings that could be realized. Please consult your tax advisor.