Contributions to Kingsley are tax-deductible to the full extent of the law and will be acknowledged promptly in writing for tax purposes. We are pleased to offer a variety of vehicles to make your gift.
|CASH GIFT||STOCK GIFT|
|Current fair market value of stock||$10,000||$10,000|
|Income taxes saved||$3,700||$3,700|
|Capital gains taxes saved*||$0||$1,904|
|Total tax savings||$3,700||$5,604|
*Assumes 20% capital gains tax and a 3.8% surtax on net investment income