|The stock market is near all-time highs. An effective way to maximize your contribution to LACF and save tax money is through stock donations.
Los Altos Community Foundation accepts stock donations for its Community Impact Fund as well as for any of its programs and funds.
But what if you have more appreciated stock to sell than you’d like to donate right now?
A simple solution is to set up an LACF Donor Advised Fund. Contribute stock (or other appreciated assets) to get an immediate tax deduction, and then grant from the fund to nonprofits anywhere in the U.S. for years.
With a Donor Advised Fund, you can de-couple your philanthropy from the whims of the stock market.
For example, if your annual donation budget for all nonprofits is roughly $5,000 per year, you could open a Donor Advised Fund, contribute $25,000 of appreciated stock, and then grant $5,000 annually to the nonprofits of your choice.