Memorials and Tribute Gifts

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An Example of How It Works

Father and daughter smiling When Sarah's father passed away, she knew she wanted to do something that would establish a lasting legacy for him. She remembered that during his lifetime he was always praising the Foundation for its tireless efforts to better his community.

Sarah decided to make a gift to the Foundation in her father's name using appreciated securities. Not only will her father's legacy live on at the Foundation thanks to the gift and a commemorative plaque, but Sarah also received a federal income tax charitable deduction (because she itemizes her taxes) and eliminated capital gains tax on the securities.

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