Donating appreciated securities to the Lake George Association (LGA) is a powerful way to support the protection and preservation of Lake George while providing significant financial advantages for our members. By contributing stocks, bonds, or mutual funds that have increased in value and been held for more than a year, you can avoid paying capital gains taxes that would be incurred if the assets were sold. Additionally, the full fair market value of the donated securities is tax-deductible. This method of giving not only maximizes the impact of your donation for the conservation of Lake George but also aligns smart financial planning with a commitment to safeguarding the Queen of American Lakes.
For instructions to make a gift through appreciated securities or wire transfer, please contact Dannica Campbell or Tyra MacGuffie.
