Donating appreciated securities, including stocks or bonds, is an easy and tax-effective way for you to make a donation to the Wayne Area Legacy Fund.
A few perks of giving a gift of securities are avoiding paying capital gains taxes on the sale of appreciated stock, receiving a charitable income tax deduction and furthering our mission today.
There are a few ways to make a gift of security. The first is by electronic transfer. Please contact us for instructions on how you can transfer stocks or bonds from your brokerage or investment account to the Wayne Area Legacy Fund.
The other way to make a gift of security is by certified mail. If you hold securities in certificate form, you will need to mail two envelopes separately to complete your gift. In the first envelope, place the unsigned stock certificate(s). In the other envelope, include a signed stock power for each certificate. You may obtain this power from your broker or bank. Please remember to use certified mail.
There are special rules for valuing a gift of stock. The value of a charitable gift of stock is determined by taking the mean between the high and low stock price on the date of the gift. Mutual fund shares are valued using the closing price for the fund on the date of the gift.
You can visit Nebraska Community Foundation’s Gift Planning website – www.ncfgift.org – to begin the process of making a gift of securities. You can also find details on other out-of-the-box giving methods beyond cash. Nebraska Community Foundation is also always available to point you in the right direction at (402) 323-7330 or info@nebcommfound.org.
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Nebraska Community Foundation unleashes abundant local assets, inspires charitable giving and connects ambitious people to build stronger communities and a Greater Nebraska.
Headquartered in Lincoln, the Foundation serves communities, donors and organizations by providing financial management, strategic development, education and training to a statewide network of 1,500 volunteers serving over 270 communities.
In the last five years, 45,915 contributions have been made to NCF and its affiliated funds. Since 1994, NCF has reinvested $423 million in Nebraska’s people and places. For information, visit NebraskaHometown.org.
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Wayne Area Legacy Foundation harnesses the power of giving to make the Wayne area a great place for all ages to live, work and play for generations to come.
We invite you to be a part of the legacy of promoting progress in our area by giving to the unrestricted endowment. Similar to a community savings account, unrestricted endowments are an important tool to keep hometowns across Nebraska growing, thriving and improving future generations. A portion of the income earned by the endowment is granted annually to fund projects and programs to benefit the community, the principal remains intact and grows every year.
The Wayne Area Legacy Fund (WALF) has invested over $50,000 back into the Wayne Area community since the inception of the fund. The WALF is an affiliated fund of the Nebraska Community Foundation (NCF), a 501(c)(3) charitable organization. All contributions to WALF are tax-deductible. Visit WayneAreaLegacyFund.org for additional information. Be sure to like us on Facebook @WayneAreaLegacyFund.
