Dear MoveOn member,
Now is the time to defend American democracy and build a future where all people have the opportunity and resources to thrive, free from systemic racism, misogyny, violence, and oppression. And you, our members, are working tirelessly to make this future a reality.
As a MoveOn member, you often hear about the many ways to support our important mission, but you might not be very familiar with this powerful way: You can support our movement by donating appreciated stock to the MoveOn Education Fund.
Giving stock to support the MoveOn Education Fund is mutually beneficial, as it often comes with favorable tax benefits for the donor. To help you learn more, here are answers to a few commonly asked questions about giving stock, plus an easy way to get started on your gift.
What types of stock can I donate?
Generally speaking, there are three types of stock: publicly traded stock (what you see on the stock market), mutual funds or ETFs, and privately held stock. If you own any of these assets, and if they've appreciated in value, you can donate them and get tax benefits.
What if the stock market fluctuates? Can I still donate stock?
Giving appreciated stock can be a smart choice even when the stock market is down or declining. If you hold appreciated assets, you can donate them without changing your portfolio, and you are also exempt from the "wash sale rule."
How does giving stock benefit me?
If you give stock rather than selling it and donating the cash, you won't owe any capital gains tax. And if you donate long-term holdings, which is stock held for more than one year, and itemize deductions, you can also take a charitable deduction for the stock's fair market value on the day you give it away.
How does giving stock benefit the MoveOn Education Fund?
Your gift of stock provides immediate support, helping to empower MoveOn members and educate the public on important issues, such as economic inequality, human rights, democracy, gender equity, the climate crisis, racial justice, immigrant rights, and more.
The information we're providing is general in nature, and we recommend speaking with your tax adviser about how giving stock may affect your portfolio or finances and how it fits into your overall charitable giving strategy.
If you have questions about giving stock, simply reply to this email, and a member of our team will get back to you.
The time to build a better future is now. We hope you'll consider this powerful form of giving today.
Thanks for all you do.
–Heather, Manny, Chelsea, Jennifer, and the rest of the team
This email was sent to Andra Patterson on March 9, 2022. To change your email address or update your contact info, click here. MoveOn's privacy policy was recently updated. To read our new privacy policy, click here. To remove yourself from this list, click here.
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