Gifts of Appreciated Securities

Securities are especially advantageous gifts because you can avoid capital gains tax. If you donate appreciated securities to Minot State, you can avoid capital gains tax (on the difference between the price you paid and the market value) which you would pay if you sold them. You may deduct the current market value of a securities gift, generally up to 30% of your adjusted gross income. In the succeeding five years, you may claim any deductions exceeding your maximum permitted deductions in the year of the gift.

Please contact the Foundation for more information on gifts of securities.