Gifts of Appreciated Assets/Securities

You can make your gift to CalArts by contributing appreciated assets, such as stocks, bonds, mutual funds, or real estate. Your tax advantages are maximized if you donate appreciated assets that you've owned for more than one year. You obtain an income tax charitable deduction for the full current market value of the asset, and you avoid the capital gains tax that you would have paid if you sold the asset outright.

You may deduct your total charitable gifts of appreciated property for the year for up to thirty percent of your adjusted gross income for that year. If your total charitable gifts of appreciated property for the year exceed 30 percent of your AGI, you may carry over the excess for up to five subsequent years.

Whether you hold your securities in certificate form, or in a brokerage account, we can provide simple instructions on making your gift of appreciated securities, including stock transfer forms and a form letter of instructions for your broker.

To initiate a gift of stock or securities, please contact Bill Kramer, Executive Director of Development, at (661) 253-7740 or email bkramer@calarts.edu.