A smart way to support the library using your investments
Donating appreciated stock or securities to the Berkeley Public Library Foundation is more economical than giving cash and may make it possible for you to give more than you could otherwise afford. For example, you may own highly appreciated stock purchased years earlier that is paying a modest dividend relative to its market value. If you sell the stock and give the proceeds to the Foundation, you will have to pay capital gains tax, perhaps reducing the amount of the gift and certainly increasing your tax liability. If, however, you give the stock directly to the Library Foundation, you can deduct the full fair market value of the stock given and avoid any capital gains tax.
Click here to print and fill out our form to begin your stock gift now.