LOGOS School welcomes gifts of stock. Contributing appreciated securities could be beneficial to you, as you may avoid capital gains tax that could be due if you sold the asset. It also entitles you to a charitable deduction based on the property’s current value. The amount of your contribution will be based on the average of the high and low price of the stock on the day it arrives in LOGOS' account.
For the purposes of calculating your charitable deduction for gifts of stock, please contact your tax or financial advisor. In addition, we ask that you or your broker notify us of the stock and number of shares once the transfer has taken place. Oftentimes securities are transferred without reference to the donor, and this information allows us to identify and properly acknowledge your contribution.
If you have any questions, please contact Dee Harvill, Director of Development at dharvill@logosschool.org or 314.227.3775.