by Joe Neville, KTA Executive Director
KTA has now opened a brokerage account. This will enable our donors and supporters to increase their flexibility in giving.
Donating long-term appreciated securities directly to KTA — rather than selling the assets and donating the cash proceeds — may be one of the best and easiest ways to give more. By taking advantage of the applicable tax incentives, you can significantly increase the amount of funds available for our trail care, advocacy, and hiking promotion efforts.
It's a win-win situation: KTA receives a nice contribution, while you, the donor can possibly write off the gift and avoid paying capital gains taxes on the stock.
The strategy has been around for some time, waning during the financial crisis, but has regained popularity in recent years as the stock market has roared back to life.
It makes the most sense for a donor because it's an easy, seamless transaction.
For more information please contact your financial advisor or Joe Neville for account information at 717-766-9690 or email@example.com.
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Keystone Trails Association