DONATE/SHARE STOCKS
By donating stock that has appreciated for more than a year, you are actually giving 20 percent more than if you sold the stock and then made a cash donation. The reason is simple: avoiding capital gains taxes. The maximum federal capital gains tax rate is 20 percent on long-term holdings. To donate your stocks contact Jonathon Street at Edward Jones in Elizabethton, TN.
DONATE TO OUR ENDOWMENT
The East Tennessee Foundation manages the BGCECC endowment fund and acts as our community foundation.
You’ve lived here. You’ve worked here. You are part of this community’s past and present. By creating a permanent fund with our community foundation, you have the opportunity to make a difference during your lifetime and, at the same time, provide for young people in your community you care about for generations to come.
Most charitable gifts qualify for maximum tax advantages under federal law. Whether you choose to give today or give tomorrow through your estate, The Community Foundation’s full range of fund options are flexible in their design to provide something for everyone.