Gifts of Stock - Houston Area Command
About
Welcome to the Houston Area Command of The Poker Club at West Houston! We are dedicated to providing a top-notch gambling experience in the world of poker. Alongside our mission to create a premier gaming establishment, we also believe in giving back to the community and making a positive impact.
Supporting Our Community Through Stock Donations
Are you interested in making a difference in the Houston area? Donating gifts of stock is a fantastic way to support charitable organizations that are close to your heart. At The Poker Club at West Houston, we encourage our community to consider this unique giving option to help us continue our work in the Houston Area Command.
When you donate stocks, you contribute to the improvement and upliftment of our community. Your generosity enables us to fund various programs and initiatives that benefit individuals and families in need. By using this giving method, not only will you make a difference, but you may also enjoy some financial benefits.
The Benefits of Stock Donations
Donating stocks can have numerous advantages, both for the donor and the recipient. Some of the key benefits include:
- Tax Deduction: Donors can often enjoy tax benefits when donating appreciated stocks. By gifting stocks instead of selling them, you may be eligible for a deduction based on the fair market value of the stocks at the time of donation.
- Capital Gains Tax Avoidance: When you donate appreciated stocks that you have held for more than a year, you can avoid capital gains tax on the appreciation. This can be a significant advantage, particularly if your stocks have seen substantial growth.
- Supporting Causes You Care About: By donating stocks to the Houston Area Command, you directly contribute to our mission of making a positive impact in the community. Your support allows us to continue our work and expand our reach to help more individuals and families in need.
How to Donate Gifts of Stock
Donating stocks is a relatively simple process that can greatly benefit the Houston Area Command. Follow these steps to make your donation:
- Consult with Your Financial Advisor: Before making any stock donations, it's essential to seek advice from a qualified financial advisor or tax professional. They can guide you through the process and ensure that you maximize the benefits of your donation.
- Select the Stocks to Donate: Choose the stocks you wish to donate carefully. Consider selecting stocks that have appreciated significantly, as this can provide you with the most substantial tax benefits.
- Contact Us: Get in touch with the Houston Area Command of The Poker Club at West Houston to notify us of your intent to donate stocks. We will provide you with the necessary information to complete the donation process.
- Complete the Transfer: Coordinate with your broker or financial institution to transfer the stocks to the designated account provided by the Houston Area Command.
- Receive Your Tax Receipt: After the transfer is complete, you will receive a tax receipt acknowledging your donation. This will enable you to claim the appropriate tax deductions when filing your tax returns.
Join Us in Making a Difference
Donating gifts of stock is an impactful way to support the Houston Area Command of The Poker Club at West Houston. Take the opportunity to contribute to our charitable efforts while enjoying potential tax benefits. Feel free to contact us for more information or to initiate the stock donation process. Together, we can make a positive difference in our community!
Disclaimer: This page is provided for informational purposes only and does not constitute financial or legal advice. Please consult with a qualified professional before making any decisions regarding stock donations.
