Contribution options
Contribution options:

Don't forget non-cash contributions

When you're deciding how and what to contribute, be sure to consider all the options. Yes, you can always give cash, but making non-cash contributions may reduce your taxes, increase your charitable contributions, and be a smarter way to give.

Dynamic Content

How can I have more to give to charity?

Donate appreciated assets to your Schwab Charitable™ account so that you can give more to your favorite charities while also paying less in taxes.

Let's say you own stock with a current value of $55,000, which you purchased for $5,000. Over the years, the stock has accrued $50,000 in long-term capital gains.

With a direct donation to a Schwab Charitable donor-advised fund account, your income taxes are reduced by an additional $3,700 and the charity receives $10,000 more:

Hypothetical example

Hypothetical example, (assuming investment has been held for more than a year)

Hypothetical example (assuming investment has been held for more than a year)
  • Sell stock and donate net proceeds (cash) to charity
  • Donate stock to Schwab Charitable donor-advised fund account
  • Current fair market value of securities
  • Sell stock and donate net proceeds (cash) to charity

    1,000 shares 
    @ $55 per share* = 
    $55,000
  • Donate stock to Schwab Charitable donor-advised fund account

    1,000 shares 
     @ $55 per share* = 
     $55,000
  • Capital gains tax paid† (23.8%) 
    Assumes a cost basis of $5,000 and long-term capital gains tax of $50,000
  • Sell stock and donate net proceeds (cash) to charity

    ($11,900)
  • Donate stock to Schwab Charitable donor-advised fund account

    $-
  • Charitable contribution/deduction‡
  • Sell stock and donate net proceeds (cash) to charity

    $43,100
  • Donate stock to Schwab Charitable donor-advised fund account

    $55,000
  • Value of charitable deduction, for those who itemize§
    Assumes donor is in the 37% federal income tax bracket
  • Sell stock and donate net proceeds (cash) to charity

    $15,947
  • Donate stock to Schwab Charitable donor-advised fund account

    $20,350
  • Total donor tax savings
    (value of deduction less capital gains tax paid)
  • Sell stock and donate net proceeds (cash) to charity

    $4,047
  • Donate stock to Schwab Charitable donor-advised fund account

    $20,350

Table disclosure

Read important disclosures

Reduce taxes when it matters

If you're about to change jobs, face a large tax bill, sell an appreciated investment, receive an inheritance, or retire, it might make sense for you to donate your non-cash assets to a charity via a Schwab Charitable account. You can:

  • Tax Deduction

    Reduce capital gains, estate, and income tax

  • Grant Apple

    Increase the amount you can give to charity

  • Giving Icon

    Consolidate recordkeeping and minimize cost

Overview icon

Learn more about making non-cash contributions

Donating appreciated assets instead of cash can be a tax-smart way to give to charity. Read this overview to learn more

Interested in a specific type of non-cash asset?

Select from any of the choices below to see more specific guidelines.

 
Contribution Options
sizmek
1073757996
yahoo
scfrt
quantcast
_fp.event.Charitable Advisors Site Visit