McCreight Foundation of Virginia
The specific purposes for which this Foundation has been established are as follows: Supporting Catholic, or other Christian, endeavors that sustain and promote the Christian faith. Providing funding for Catholic, or other Christian, students to attend Catholic, or other Christian, school. Providing funding for, in priority, Catholic, or other Christian, organizations operating within the Commonwealth of Virginia, other American states and, if appropriate, organizations in other countries.
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- Avoid capital gains tax* and deduct the current value of stocks, ETFs or mutual funds held more than one year
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This is information, not financial advice. Please consult with a tax professional. *
Capital Gains Tax and NII Tax rates range from 18.8% - 37.1%, depending on your income and locality.
Disclosures:
- DonateStock is legally authorized to process gifts of securities and crypto for McCreight Foundation of Virginia. Unless the donor requests anonymity, their information and gift details are provided to McCreight Foundation of Virginia when the gift is initiated.
- In most cases, donations are processed through our 501(c)(3) Donatestock Charitable, Inc. Gifts are converted to cash and the proceeds are distributed to the recipient within 1 or 2 weeks, depending on the plan they chose.
- There is no cost to donors or financial advisors. The nonprofit beneficiary pays a modest transaction fee for making non-cash giving easy for donors and the nonprofit’s team.
- Please contact us if you have any questions.