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Donating Stock, the Easy Way to Give. -Here's How

Donate Today

To make a secure online donation,
click Donate Now.

For more information on other ways to give to Spectrum Generations, please call 1-800-639-1553.

 

 

 

 

 

 

 

 

 

Giving Stock to Support Spectrum Generations

A charitable gift of appreciated stock provides an opportunity for tax savings while generously supporting the programs and services of Spectrum Generations.

Please consider a donation today!

newspaper stock listing held down by coffee cup

How to donate stock to Spectrum Generations

There are distinct advantages for the donor to donate stock rather than selling the stock and then donating cash.

If you have stock or mutual funds that have substantially appreciated in value over the years then a gift of stock, rather than selling your shares and donating cash, has substantial tax advantages.

If you sell the stock you have to pay capital gains tax. If you donate the shares there is no tax on the gain in value but you can take the full current value tax deduction for the donation.

It’s easy to donate stock:  Call your broker and authorize a transfer to Spectrum Generations. Call the Trust Department at Kennebec Savings Bank at (207)622-5801. The stock will be transferred to Spectrum Generations and you get full value for your donation

Thank you for your support!