Stocks, bonds, and mutual funds, especially those with long-term capital gain, are popular gift assets because they may generate multiple tax benefits. These benefits include a charitable income tax deduction of the stock, bond, or mutual fund’s market value on the date the asset is received by CCUSA and no capital gains tax on the appreciation. Talk to your accountant or financial adviser about the benefits such a gift may provide for you.
Most stocks are transferred electronically. Share the following information with your stock broker or financial adviser to ensure your gift is transferred to CCL, or have your broker contact us if there is a question.
USB Financial Service, Inc.
4801 Olympia Park Plaza
Louisville, KY 40241
502-420-7612 or 800-222-1448
Please instruct your broker to include your name and address when your donation is made.
Account Number: LV-22763-80
DTC Number: 0221