Gifts of Stock

Your broker can assist you in making a gift of stock by a direct transfer to the Prostate Cancer Foundation. Your gift of a publicly traded stock that has appreciated in value and that you have owned for more than one year may provide you with a greater tax benefit than giving cash. Your charitable income tax deduction is equal to the fair market value of the stock and you also avoid paying the capital gains tax on any increase in the current value over the original cost of the stock. You will save even more by not incurring brokerage fees because you are transferring ownership rather than selling the stock.

If you would like to make a gift of stock to the Prostate Cancer Foundation, please contact us at 1-800-757-CURE (2873).