Maine Writers & Publishers Alliance: Join Now!

Partner Today With The Maine Writers & Publishers Alliance To Enjoy Immediate Tax Benefits And Possible Income For Life

Making a gift of stock can help the Maine writing and publishing community served by the MWPA, can provide you with attractive tax benefits, and can, in some cases, provide you with a steady stream of income for life.

If you are currently holding securities that have grown in value for more than a year, donating them to the MWPA may be advantageous. If you own shares that are not generating much income, you can use them to fund a planned gift, which may be able to provide you with a higher rate of income, will give you tax benefits, and will allow us to continue our mission to promote the value of literature and the art of writing by building a
community of writers, readers, and publishers within Maine.

Here are your benefits based on the gift you'd like to give MWPA:

1) Avoid Capital Gains Tax & Take a Charitable Tax Deduction
An outright gift of stock at its present market value allows you to avoid paying any capital gains tax and gives you a charitable income tax deduction based on the stock's fair market value (FMV). The income tax deduction is equal to the FMV, up to 30 percent of your adjusted gross income. Any excess of that amount can be carried over and deducted for five additional years, within the limitations of the law.

2) Avoid Capital Gains Tax, Take a Charitable Tax Deduction, and Receive Annual Income for Life
By using securities to fund a planned gift arrangement, you can avoid capital gains tax, take a charitable tax deduction, and receive annual income for life.

3) Reduce Your Estate Taxes
Leaving your securities to MWPA in your will or trust will reduce your estate taxes because the FMV is deductible from your gross estate.

MAKE YOUR DONATION OF STOCK TODAY! Call Shonna at (207)228-8263 to discuss transfer options.