While many donors commonly make gifts of cash, for some it may be more advantageous to contribute gifts of long-term appreciated securities to support the educational goals of UL.
Advantages of Gifts of Securities
- You receive an income tax deduction based on the market value of the security at the time of the gift.
- You avoid capital gains tax on the appreciated value of the securities.
- You can direct your gift for any purpose at UL.
- You can fund a life income gift and potentially receive a greater income.
Other information regarding gifts of securities
UL Lafayette Foundation's tax identification number is 72-6023836.
UL Lafayette's legal address in connection with gifts of securities:
UL Lafayette Foundation
P.O. Box 44290
Lafayette, LA 70504
Email David Comeaux, firstname.lastname@example.org for more information.