Stock Gifts

Thank you for your interest in making a gift of securities to the Heart of Virginia Council, BSA.  Your investment in our youth makes an impact in the 24 counties and 4 cities in central Virginia.

Benefits of Making Stock Gifts

Gifts to the Heart of Virginia Council of appreciated securities that have been held for more than one year have significant advantages over gifts, including:

• • Avoidance of all capital gains taxes on the appreciated portion of the stock
  • A tax deduction equal to the full fair market value of the stock, regardless of its original cost basis (but only to the extent of 30% of adjusted gross income, although the excess may be carried over for five years)
  • The ability to make a larger gift than might be possible using available cash.