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Capital Gains Tax Bypassed

Capital Gains Tax Bypassed

Peter and Gail were nearing retirement. Over the years, with the help of their financial advisor, they made solid investments in securities and built a sizable portfolio. While their investments increased substantially in value, their potential capital gains tax bill was rising. Now with retirement on the horizon, they were looking for a way to sell their highly appreciated stock, generate income for their future and avoid paying high capital gains tax.

Peter: For many years we had supported the work of our favorite charity. Through an e-mail we learned that we could make a gift of our appreciated stock to charity and bypass the potential capital gains tax cost we were facing. I was thrilled to learn that after transferring our portfolio to a charitable remainder trust, the trust would sell the stock tax free.

Gail: I liked the fact that the trust would provide us with income for our retirement years. If something happened to Peter, I would still be taken care of for the remainder of my life.

Peter and Gail decided to make a gift of their appreciated stock to establish a charitable remainder unitrust. They were thrilled at the prospect of creating future income while bypassing capital gains tax.

Peter: When I heard that in addition to the other benefits we would receive a charitable deduction for our gift, it was just icing on the cake! I wondered why everyone nearing retirement doesn't set up a charitable trust.

*Please note: The name and image above is representative of a typical donor and may or may not be an actual donor to our organization. Since your unitrust benefits may be different, you may want to click here to view a color example of your benefits.


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By phone:

Use your credit card to donate over the phone. Our Donor Service team is available to help you between the hours of 9:00 am and 5:00 pm EST Monday through Friday. Donation Phoneline: (202) 810-0240.

By mail:

Print out the form below and send it with your gift to:

UNCF(United Negro College Fund)
Attn: Denise Scott, Direct Response Programs
1805 7th Street, N.W.
Washington, DC 20001

Printable Donation Form

Stock Transfer Instructions

Broker Merrill Lynch
DTC# 5198
Credit to: UNCF-United Negro College Fund Short-Term Investments
Acct# Number 850-04J86
Contact Karen Munoz - 212-382-8429
UNCF Tax ID # 13-1624241

Prior to transfer, please send me the name of the donor, name of stock and number of stock shares so that we may properly credit our records and provide an official receipt for tax records.

Other Ways to Donate

Workplace Giving: Give a little each payday; help a lot of students make it through college... Check it out

Honor/Memorial Giving: Honor or memorialize your loved one this holiday season...Make an honor / memorial gift

Monthly Giving: Do your small part this holiday season. Pledge a small monthly gift to help keep a kid in college. Pledge now

Planned Giving: Year's end is the best time to look at UNCF's planned giving options. Read now

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United Negro College Fund, Inc., is a recognized 501(c)3 nonprofit; federal EIN, 13-1624241
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This site is informational and educational in nature. It is not offering professional tax, legal, or accounting advice.
For specific advice about the effect of any planning concept on your tax or financial situation or with your estate, please consult a qualified professional advisor.