A gift of stock is a great way to help avoid capital gains taxes, receive an income tax deduction, and support what you love about the BF Bike Project.
Donating stocks allows you to avoid the capital gains tax, and if you itemize deductions, you can also take a charitable deduction for the entire donation amount.
Your support will make a big difference.
In short, you’ll be investing in the future of kids, families, and those who depend on bicycles for transportation, fun, and a sense of community. You can also help us purchase the building we currently rent so as to ensure the program has a permanent, cost-effective home.
Please call Bonnie at 802-460-0662 to begin the process.
Transferring stock to the BF Bike Project is easy to do, and is a great way to maximize your Federal and State income tax deductions to the fullest extent permitted by law.
- Please remember that it may take several days for your broker to complete a transfer of stock at the year-end, so plan adequate time if that year-end dedication is important to you.
After you have completed the transfer, please contact the Bike Project bonnie@bfbike.org and let us know the arrangements that you have made. This is important because your broker may not include your name in the transfer, and we may not know who the gift is from.
Notifying us enables us to track the transfer and acknowledge your gift promptly.
For more information, contact your financial advisor about making a gift of stock.
Thanks for your support!