Support Central Florida Public Media in a Meaningful Way
Keep us thriving with your gift
Take advantage of numerous tax and financial benefits
Leave a legacy to be remembered by future generations
Current Gifts
- Sharon: "Years ago, I inherited stock from my grandmother. Earlier this year, we decided to sell some of the stock. After we sold the stock, our CPA told us we would need to pay capital gains of nearly $120,000 from the sale."
- Jim: "That came as kind of a shock. Our CPA started to talk about ways we could offset the capital gains tax bill. We told him we were planning on making charitable gifts. Our CPA advised us that if we gave some of the remaining stock before the end of the year, we could receive a charitable deduction that would help offset the capital gains tax on the stock we sold."
- Sharon: "We contacted our favorite nonprofit organization to discuss the best way to make a gift of stock. The gift planner explained the process and provided us with instructions that allowed our broker to directly transfer stock from our account to the nonprofit's brokerage account."
- Jim: "That is what we decided to do. By transferring $80,000 in stock outright to the nonprofit, we received two benefits. First, we avoided a large capital gains tax on that stock, and second, we received a charitable deduction. The deduction even offset all of the capital gains from the stock sale. We are very pleased with the double benefits of our gift. And, we're delighted that we've been able to make a nice charitable contribution."
What is a current gift?
A current gift is a gift of cash or other assets made today.
Is a current gift right for you?
Making year-end charitable gifts, especially with highly appreciated property such as real estate and stocks, can be an excellent strategy to reduce your tax bill.
Please contact us if you think you have assets that would make a nice gift to Central Florida Public Media. We would be happy to work with you to structure a gift that meets your needs.
Please note: The information above is representative of a typical donor and may or may not be an actual donor to our organization. Since the benefits of each gift may be different, you should seek the advice of your legal, tax or financial advisor.
