Gift Options

The following information may be helpful as you consider the best way to make your gift:

Cash Gifts
A cash gift is one of the simplest ways to make a gift. Outright cash gifts are fully taxdeductible, up to 50% of your adjusted gross income.

• You can write a check payable to the Gracepoint Foundation and mail to:  5700 North 2nd Street, Tampa, FL 33610.
• You can also go to our online gift page, click 

Stocks

Gifts of appreciated stocks are fully tax deductible up to a maximum of 30% of adjusted gross income. Gifts in excess may be carried forward and deducted over as many as five subsequent years. You receive a two-fold tax savings by contributing appreciated stock over cash:

• No capital gains tax on increases in value of stock
• Income tax deduction for full fair market value of stock at time of gift

Example: You purchased stock for $1,000; it’s now worth $10,000. A gift of that stock would result in a charitable contribution deduction of $10,000. In addition, there is no capital gains tax on the $9,000 of appreciation.