What do you do when the Dow is at 23,000?

Give the gift of appreciated stock as part of year-end tax and philanthropic planning.

In recent weeks, the stock market has been climbing and reaching new levels never seen before. You might ask, “Why is the stock market so high?” and, “Is there a way in which this can help Scouting in Orange County?” Our response is “Yes!”. Thanks to a growing consumer confidence we hope the strong market will inspire extra generosity among our supporters this holiday season.

Many of our donors have realized growth in their stock investments in a very short time. For example, Apple sold not long ago for $92.00 a share. Currently it is worth $172.00 per share. This example provides an excellent opportunity for making a contribution to OCBSA. With a low investment cost, a contribution of appreciated securities earns an income tax deduction based upon the current value of the stock.

Right now, you can leverage your earnings to make a larger donation than you may have thought possible at a low cost to you and help provide young boys and girls with the training they need to learn, grow, and lead.

Gifts are especially important as we rebuild the Irvine Ranch Outdoor Education Center after the recent fires. You may also make your gift as part of “Giving Tuesday” on November 28th.

As you consider your end of the year gifts, think about the benefits from making a gift of stock. Our Scouts are waiting to hear from you!

For more information and transfer instructions contact: Devon Dougherty, CFRE, Chief Development Officer, 714-546-8558 ext 145 or devond@ocbsa.org