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Gift Planning Resources

Explore additional resources to help you with your tax planning and making a gift in support of our CMC mission. Your designation will determine use of your gift for operations or endowment with the CMC Foundation. Undesignated gifts will be used in the area of greatest need. Contact us for more information about ways you can support our organization or let us know if you have given to us in the past.

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Many people who care deeply about Colorado’s mountains choose to support the Colorado Mountain Club in different ways, including gifts that sustain education, stewardship, and access for future generations to inspire and care for the places that shape us.

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Giving Home > Donor Stories > Current Gifts

Current Gifts

As is the case with many families, there are times each year when Jim and Sharon focus their attention on gift giving. For years, they have created a gift list that includes family members, friends and loved ones. Last year, Jim and Sharon made an addition to their list and began including their favorite charity.

  • Sharon: "Years ago, I inherited stock from my grandmother. Earlier this year, we decided to sell some of the stock. After we sold the stock, our CPA told us we would need to pay capital gains of nearly $120,000 from the sale."
  • Jim: "That came as kind of a shock. Our CPA started to talk about ways we could offset the capital gains tax bill. We told him we were planning on making charitable gifts. Our CPA advised us that if we gave some of the remaining stock before the end of the year, we could receive a charitable deduction that would help offset the capital gains tax on the stock we sold."
  • Sharon: "We contacted our favorite nonprofit organization to discuss the best way to make a gift of stock. The gift planner explained the process and provided us with instructions that allowed our broker to directly transfer stock from our account to the nonprofit's brokerage account."
  • Jim: "That is what we decided to do. By transferring $80,000 in stock outright to the nonprofit, we received two benefits. First, we avoided a large capital gains tax on that stock, and second, we received a charitable deduction. The deduction even offset all of the capital gains from the stock sale. We are very pleased with the double benefits of our gift. And, we're delighted that we've been able to make a nice charitable contribution."

What is a current gift?

A current gift is a gift of cash or other assets made today.

Is a current gift right for you?

Making year-end charitable gifts, especially with highly appreciated property such as real estate and stocks, can be an excellent strategy to reduce your tax bill.

Please contact us if you think you have assets that would make a nice gift to Colorado Mountain Club. We would be happy to work with you to structure a gift that meets your needs.

Please note: The information above is representative of a typical donor and may or may not be an actual donor to our organization. Since the benefits of each gift may be different, you should seek the advice of your legal, tax or financial advisor.