Gifts of Stock | Second Harvest Food Bank of Northwest NC

Tax-Advantaged Gifts

Building a food-secure
community, together

Support Second Harvest’s mission with your investments and take advantage of tax savings - all at the same time!

Please check with your personal financial advisor or tax accountant for professional advice about your unique situation.

GIFTS OF STOCK

One of the most efficient and tax-beneficial ways to make an impactful gift to Second Harvest is to make a gift of stock. By donating stock, you may receive two tax benefits:

If you itemize deductions, you can claim a charitable deduction equal to the stock’s fair market value, and
you can avoid the capital gains tax you’d pay if you sold the stock.

How To Donate Stock

If you wish to donate stock to Second Harvest, please provide this information to your financial advisor.

Questions? Contact Jaimie Brown by Email or at 336.784.5770 ext. 237.

IRA CHARITABLE ROLLOVERS

Qualified Charitable Distributions (QCDs) from traditional IRAs are a great way to give to Second Harvest. Individuals aged 70½ or older can donate straight from their IRAs, without it being counted as taxable income. Plus, QCDs can be used to meet Required Minimum Distribution (RMD) withdrawals.

For more information, contact Jaimie Brown by Email or at 336.784.5770 ext. 237.

DONOR-ADVISED FUNDS

A Donor-Advised Fund is a charitable account that enables you to contribute cash, securities, or other assets to a supporting organization such as a community foundation or financial institution, and it offers immediate tax benefits to you. Over time, you can recommend grants from your fund to Second Harvest and to other charities you care about.

For assistance, reach out to Jaimie Brown by Email or at 336.784.5770 ext. 237.