Making a gift of stock
We often think of donations in terms of cash gifts, but another way to make a contribution and have significant impact is through your gift of appreciated stock.
Not only will your gift support the principles of free markets and limited government, but you may benefit personally as the contributor in two additional ways.
The first way is through the ordinary tax deduction of the actual cash value of the gift being made. The second benefit is the potential 15 to 20 percent savings in capital gains tax, which comes if the shares are transferred directly from your account to the Mackinac Center.
As always, we advise you to consult with your attorney or financial adviser to determine gains that may occur in your individual case.
Many donors have supported the Mackinac Center with gifts of stock over the years, fueling the work to bring greater freedom and prosperity to our state.
If you are interested in making a gift of stock or mutual funds to the Mackinac Center, please call us at 989-631-0900, and ask to speak with an Advancement representative. You also can send an email to firstname.lastname@example.org.
We will be happy to assist in handling your request quickly and directly through a local financial firm.