Supporting hardworking families is simple.
Gifts of stock can be a very powerful tool to manage your personal taxes and meet your philanthropic goals at the SAME time. Donating stock instead of cash can have many benefits for you and be an effective method of supporting United Way of Coastal and Western Connecticut.
- Increase your gift to United Way while realizing additional tax benefits.
- Avoid capital gains tax.
- Earn a standard tax deduction on both federal and state taxes.
For most taxpayers any gift of stock that has been held for at least one year - defined as a 'long term' holding - can be written off at fair market value against income if donated to a qualified charity such as United Way of Coastal and Western Connecticut.
For more information about giving stock, or to request transfer instructions, please contact Jennifer Smith at 203-297-6305.
The Power of Your Dollar
- $50 gives new school supplies to a child, ensuring they start the school year prepared and ready to learn
- $100 pays for new books for preschoolers
- $300 provides essential transportation support, covering the cost of bus passes or fuel cards for one family, ensuring access to employment, education, and healthcare services
- $1,500 provides access to nutritious food and essential health support, improving health outcomes and food security
- $5,000 makes child care more affordable at a licensed-based center for 5 families