Preserving, for public benefit, land across Alaska's Kenai Peninsula with natural, recreational, or cultural values by working with willing landowners.
 |
 |
 |
 |
 |
 |
Donating Securities
“Our modest early contributions to KHLT have increased, thanks to gifts of stock, a truly winning way to donate to a favorite organization.”
Cash is usually the first option that comes to mind when a potential donor is considering a gift to a non-profit organization. While cash is always a welcome gift, it may not always be the best option for the donor. Those with stock portfolios may want to consider gifts of appreciated securities to Kachemak Heritage Land Trust instead of cash, taking advantage of potential income and estate tax savings while advancing our important conservation work.
A gift of appreciated securities held for more than one year is generally tax deductible for the fair market value of the securities at the time of the donation, and the appreciation in value goes untaxed. This is better for both the donor and the recipient than selling the securities, paying the capital gains tax on the appreciated value, and then donating the reduced cash balance for a smaller potential income tax deduction.
If the fair market value of the gift exceeds the maximum charitable gift deduction allowed in one year (based on the donor’s adjusted gross income), the excess deduction can be carried forward over five years.
Kachemak Heritage Land Trust is unable to offer specific tax or other legal advice. For specific advice about your potential tax benefits from donating securities to KHLT, we strongly recommend that you consult your attorney or qualified financial advisor.
If you would like to donate securities to KHLT, please advise us of your plan by contacting our Executive Director, so that we can facilitate the transaction.