Donating stock, bonds or mutual funds to SAVE THE FROGS! is a fabulous way to assist amphibians, and can even lower your taxes. If you are considering such a donation, the first step is to determine whether your assets have appreciated (gone up in value) or depreciated (decreased in value).
- If your assets have appreciated, donating them to SAVE THE FROGS! can reduce your taxes in two ways: (1) you can avoid capital gains tax on the profit you’ve made, and (2) you can claim the fair market value of your gift as a deductible charitable donation.
- If your assets have depreciated, you should sell the assets first then donate the proceeds to SAVE THE FROGS!. This allows you to (1) claim a loss on the sale of the assets; and (2) count your gift to SAVE THE FROGS! as a deductible charitable donation.
We suggest speaking with your financial advisor and then contact us when you are ready to donate stocks, bonds or mutual funds to SAVE THE FROGS!. We will give you all the information you need to complete your donation. Thank you for helping SAVE THE FROGS!
Rough Skinned Newt (Taricha granulosa) photo by Michael Starkey
Dr. Kerry Kriger is the Founder & Executive Director of SAVE THE FROGS!, a nonprofit organization that has held over 2,000 educational events in 57 countries to raise awareness of the world’s rapidly disappearing amphibian populations. He is also a musician who has been studying, teaching, recording and performing the classical music of northern India on bamboo flute since 1996. Dr. Kriger holds a Ph.D. in Environmental Science and has traveled to over 65 countries. His nonprofit efforts in western Africa led him to being inducted as Chief of Environment and Development in the remote village of Yawkrom, in the Western Region of Ghana.