International Book Project

Donate Stock

You may choose to make a gift in the form of stocks, bonds, mutual funds, and other securities that appreciate in value. If the securities have been held long-term (12 months and one day), they are generally deductible as an itemized deduction of up to 30% of adjusted gross income at fair market value. As with gifts of cash, any excess deduction may be carried forward up to five additional years. In addition to the charitable deduction for gifts of securities, the donor also avoids the Capital Gains Tax that would be otherwise due if the assets were sold.

Benefits

You provide generous support to the International Book Project.
You may qualify for a federal income tax deduction.
You avoid Capital Gains Tax on the sale of securities.
Your gift may reduce your estate taxes.

The following compares the results of a sale of securities and gift of proceeds vs. a gift of securities.

	Sell Securities & Give Cash	Give Securities Outright
Gift to IBP	$21,000	$25,000
Income tax savings	$6,510	$7,750
Capital Gains Tax paid or saved	$4,000 paid	$4,000 saved
Net tax savings	$ 2,510	$ 11,750

If you would like to make a gift of stock or other securities to the International Book Project, please contact:

Smith Barney
Attn: W. Morgan Fister
444 E. Main Street, Suite 111
Lexington, KY 40507
859-231-9500
1-800-354-9559
www.smithbarney.com
w.morgan.fister@smithbarney.com