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John and Ruth Vander Haag - Cash Contribution/Stock Gift

John and Ruth Vander Haag - Cash Contribution/Stock Gift

Donors make gifts in a variety ways, but a direct cash contribution through a stock gift is a great option to consider!

John: Hope Haven (HH) requested our support for their current Capital Campaign. (The best option for us to give was to transfer a number of shares that we owned that had grown dramatically since we purchased that stock.) In making a direct transfer, the entire value of the stock could be given to HH, bypassing taxes that we would have paid if we had cashed in those stocks first."

Ruth: "We appreciate all that the organization does for persons with disabilities around the area. This was a special way we could support their building project."

A stock transfer, less brokerage fees, transfers 100% of the original principle to the transferee, eliminating capital gains taxes that may have been accessed to the owner at the time of the stock sale.


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