fbpx

Gifts of Cash or Appreciated Securities

Gifts of Cash or Appreciated Securities

An outright gift of cash or appreciated securities is the easiest type of gift to make to ARC. Gifts of cash are fully tax deductible up to 50% of your adjusted gross income; gifts in excess of 50% may generally be carried forward and deducted over subsequent years. Gifts of appreciated stock (which you have held for more than one year) offer substantial tax savings as well. If you sell the stock, you must pay a capital gains tax. If you donate the stock to ARC, you avoid having to pay the capital gains tax. Furthermore, your gift of stock is fully tax deductible up to 30% of your adjusted gross income. The tax deduction is based on the fair market value of the stock at the time of the gift. Gifts in excess of 30% may generally be carried forward and deducted over subsequent years.

Testimonials and Success Stories

In November of 2004 I broke my leg and taking care of my then 24 year old son was a huge challenge. He had multiple needs, which required me to be physically fit to manage him. My husband was working full time and couldn't take time off and my other three children were grown and out on their own. Sandy VanEck heard of my plight and organized a wonderful group of people from The Arc office and residential programs to come in and help take care of Jimmy. Sandy also arranged for grant money so people could be paid for their generosity. It was simply wonderful seeing such caring people and I made many new friends. The Arc will always have a special place in my heart.

–Diane Dearborn, Parent

View More Testimonials

Our Mission

The mission of The Arc of Rensselaer County is to advocate for the rights and safety of individuals of all ages who have an intellectual disability and/or a developmental disability or delay.
The Arc is a source of support, specialized knowledge, and available resources in assisting individuals and their families to meet their needs and goals.
The Arc works to influence societal attitudes and governmental policy so that people with intellectual and developmental disabilities will have access to the services, assistance, and opportunities they need for personal growth and development, and participation in the community.

The Arc of Rensselaer County
79 102nd Street, Troy, NY 12180-1125
(518) 274-3110

Copyright © The Arc of Rensselaer County. All rights reserved.
Website design and hosting by Flight Creative Group.