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Stock, real estate, and life insurance
Stock
Perhaps you have stocks, bonds, or mutual funds that have gone up in value, or you've inherited stocks that conflict with your beliefs. If you've owned securities for over a year, you may be able to forego capital gains tax by giving the stock, rather than cash, to Maine Initiatives, deducting their full value as a charitable gift.
To donate stocks, call us at 207-622-6294 or ask your broker to call for transfer information.
Real estate
Donating real estate offers the same benefits as donating stocks. If you own real estate that has appreciated in value, there's a good chance that you'll be able to forgo capital gains tax by giving it to Maine Initiatives.
Life insurance
In some cases, gifts of life insurance can be another attractive way to make a significant contribution to social change. If you no longer need the protection of life insurance policies acquired long ago, you may name us as the beneficiary.
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