More than one way to build the rink.

Why stock instead of cash?

• Eliminate capital gains tax on the appreciation — up to 23.8% (long-term capital gains + Medicare surtax) that would otherwise go to the IRS goes to the rink instead.
• Deduct the full fair market value of the shares on your return (generally up to 30% of AGI, if you itemize).
• Give more, out of pocket less. A stock gift is usually larger than what you'd give in cash after taxes.
• Great for portfolio rebalancing — donate concentrated positions without triggering a taxable event.

Example based on Fidelity Charitable's stock donation guide, assuming a 23.8% combined federal long-term capital gains + Medicare surtax rate. Actual savings depend on your tax situation.

Helpful reading: Fidelity Charitable: Donate Stock to Charity. CGSA is not a tax advisor — please consult your CPA or financial advisor for guidance specific to your situation.

How to initiate a stock gift

Stock transfers move directly from your brokerage to CGSA's brokerage account. To keep things clean and make sure we can properly credit and thank you, please contact CGSA before you initiate the transfer. We'll send you:

• CGSA's brokerage name & account number
• Our DTC number for the transfer
• A simple donor form so we know the gift is coming from you (brokers often can't put your name on the transfer)

Timing tip: Aim to complete stock transfers a few weeks before year-end — December transfers can take 2–5 business days and back up in the year-end rush.

2026 tax note: Starting in the 2026 tax year, itemized charitable deductions only apply to contributions above 0.5% of your AGI, and the tax benefit is capped at 35% even for top-bracket filers. Direct stock gifts of long-held appreciated shares remain highly tax-efficient — talk to your advisor about the best strategy for your situation.