Securities

It may be to your financial advantage to give marketable securities - stocks, bonds, or mutual funds - instead of cash as a gift to the MOAA Scholarship Fund.

Any securities you have owned for more than 12 months that have increased in value since you bought them are subject to long-term capital gains tax when you sell them. If you make a gift of these securities to The Scholarship Fund however, you can save twice - once when you receive a charitable deduction for the securities' fair market value as of the day of transfer, and again when you avoid the taxes on the capital gains. Consult your financial advisor regarding the details of such a transaction.

For more information and instructions on how to transfer your securities to the MOAA Scholarship Fund, call our Development office at 1-800-234-6622,  or email moaasf@moaa.org