Consider a charitable gift of stock – it’s easy and makes a big impact

Earlier this month, a supporter donated about $5,000 worth of appreciated securities to the Foundation and its Endowment Fund. It’s a generous gift, and using appreciated stock to make such a donation is becoming increasingly common because of the stock market’s performance.

That’s right, you can make a charitable gift other than cash – real estate and stock are two other options.

Donating appreciated stock or mutual-fund shares often allows donors to make a bigger impact than they otherwise could, and it can offer bigger tax advantages than giving cash or selling the stock and donating the proceeds.

Plus, just as if you made a cash contribution to the Foundation, you can direct your stock gift to any of the funds kept at EPCF – including the Endowment Fund, which holds its principal in perpetuity and pays out a small portion annually that goes to the Foundation’s ongoing operation.

The Foundation typically sells the donated securities as soon as possible, and puts the contribution to work while providing a thank-you and detailed receipt to the donor.

Do you have appreciated stock that you’d like to use to make your community better? Then give us a call at (952) 949-8499 or contact Mark Weber, the executive director, at [email protected].

Mark Weber About the Author Mark Weber has been the executive director of the Eden Prairie Community Foundation since October 2013. In this role, he enjoys meeting with Eden Prairie residents, and being an active member of the community. If you’d like to connect with Mark, call him at (952) 949-8499 or email him. You can also read Mark’s full biography.

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Eden Prairie Community Foundation

OUR MISSION: Enriching our community through philanthropy, collaboration and leadership.

OUR VISION: Enhancing the quality of life for all who live and work in our community.

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Eden Prairie Community
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8080 Mitchell Road
Eden Prairie, MN 55344

(952) 949-8499
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Eden Prairie Community Foundation