Gifts of Stock
Gifts of Stock
A gift of stock is a great way to help avoid capital gains taxes, receive an income tax deduction, and support local land conservation.
Donating stocks allows you to avoid the capital gains tax and if you itemize deductions, you can also take a charitable deduction for the entire donation amount.
We’ve invested in this secure online tool that enables you to donate your appreciated assets in 10 minutes.
Learn more and get started.
Your support will make a big difference and help conserve the region’s clean waters and woodlands, local trails and recreational experiences we hold dear.
In short, you’ll be making an investment in the future of northern Minnesota.
How to donate a gift of stock
Transferring stock to Northern Waters Land Trust is easy to do with securely online. It’s also a great way to maximize your Federal and State income tax deductions to the fullest extent permitted by law.
- Your income tax donation is based upon the current market value of the stock at the time you donate it.
- Please remember that it may take several days for your broker to complete a transfer of stock at the year-end, so plan adequate time if that year-end dedication is important to you.
After you have completed the transfer, please contact Northern Wates Land Trust and let us know the arrangements that you have made. This is important because your broker may not include your name in the transfer and we may not know who the gift is from. Notifying us enables us to track the transfer and acknowledge your gift promptly.
* Our name changed from the Leech Lake Area Watershed Foundation to Northern Waters Land Trust in 2018. Some custodians and brokerages have us listed by our former name (LLAWF). If you are unable to find us, please try searching for Leech Lake Area Watershed Foundation.
The IRS tax EIN is the same: 41-1887906. If you have any questions on this, please contact Elizabeth at: ElizabethM@northernwaterslandtrust.org.