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Farm
buildings on land protected by a CLC conservation
easement |
Donations of stocks or other marketable
securities are a popular
way to support the Columbia Land Conservancy. CLC will
sell a gift of stock and use the proceeds to directly support
its programs.
Outright gifts of securities can be made quickly and easily and can enable donors to
take advantage of available tax benefits.
In general,
the full fair market value of a stock can be taken as
a charitable deduction even though the stock may have
initially been purchased for less than the value of the
deduction.
The value of
a gift of stock is determined by the mean value of the highest
and lowest selling price on the date of the gift or the mean
between the bid and the asked price on the date of the gift; it is advantageous to donate stock on a day when the
value is high rather than low.
If you are
interested in donating a gift of stock or other marketable
security, please call the office
for more information. In addition, please check with
your financial advisor for more specific information regarding
the potential tax
benefits of a stock donation, or click
here
to read about other planned giving opportunities through CLC.
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