FERF'S stock and planned giving program.

• Position: The Research forum - Financial Executives Research Foundation - Brief article

If you have stock that you have owned for more than one year, and it has appreciated since you purchased it, you can save on capital gains tax by making a Stock Gift to Financial Executives Research Foundation (FERF). FERF is a 501(c)(3) charitable organization, so you would be entitled to an income tax deduction for the full current market value of your gift, to the extent allowed by law.

Here is an example: Mr. Smith purchased 100 shares of ABC stock three years ago at $20 per share or $2,000. This stock is now worth $100 per share, or $10,000. If Mr. Smith sold the stock, he would pay capital gains taxes on the $8,000 of appreciation. If Mr. Smith donates the stock to FERF, he is entitled to a charitable deduction of $10,000 from his taxes and pays no capital gains tax. Plus, you can deduct stock donations equal to an amount of up to 30 percent of your adjusted gross income, and any excess deductible amount can be...