While many donors commonly make cash gifts, a growing number are taking advantage of contributing gifts of long-term appreciated securities to support the research goals of the Picard Center.
Some advantages of giving securities include:
Receiving an income tax deduction based on the market value of the security at the time of the gift.
Avoiding capital gains tax on the appreciated value of the securities.
Potentially receiving a greater income by funding a life income gift.
If you are interested in donating stocks and bonds, closely-held stock, or mutual fund shares to the Picard Center, please contact the UL Foundation at 337-482-0700 for additional details.
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*Thank you to the UL Lafayette Development Office for use of its verbiage related to giving.