The North Carolina Coastal Land Trust has the ability to accept donations of appreciated stocks. What happens if you make a gift of stocks to the Coastal Land Trust? A potential tax break for you and a gift that will help save wild things and wild places.

The funds generated by these generous gifts will support our mission of saving the places that you love at the coast.

Each day we lose 34 acres to development on the coast The North Carolina Coastal Land Trust works hard to balance our economic development by protecting the natural beauty and quality of life that draw us to the coast.

Donating appreciated stock allows you to contribute a sizable gift, even if the amount that you initially invested was relatively small. For example, perhaps you purchased $500 of stock three years ago and that stock is now worth $2000. By donating it to the Coastal Land Trust, you are able to donate $1500 more than you originally invested, and you avoid the capital gains tax that may have incurred in selling the stock.

Even though you only paid $500 for the stock, if itemizing, you may receive a charitable income tax deduction of $2000 in the year you donate the stock.

Please consider a gift to the North Carolina Coastal Land Trust and a potential tax break for yourself. The process of executing such a gift is simple. For additional information call the North Carolina Coastal Land Trust at 910-790-4524. As always, please consult with your tax advisor first.

The North Carolina Coastal Land Trust accepts stock gifts through Reid Murchison. Reid can be reached through Shelly Bullard at 910-452-1685 or 800-777-1685.