ISSUE #1


SOLUTIONS See Why Giving Securities Makes Sense


By design, investment portfolios fluctuate through the years. If you opt to sell investments that are worth more than what you originally paid for them, you must pay capital gains tax.


Consider another option to boost your personal finances: Use those securities to create a bright future for TMA Foundation. Take a look at the chart below to see how a direct gift of securities compares with making a cash gift or a gift of the proceeds from the sale of your stock.


Donate $10,000 cash to TMAF


Sell $10,000 in appreciated property and donate cash to TMAF


Fair market value of gift Cost basis


Long-term capital gain


Long-term capital gains tax ($8,000 x 15%)


Income tax savings ($10,000 x 33%) Total tax savings


Net cost of gift


$10,000 N/A N/A N/A


$3,300 $3,300


$6,700


$10,000 $2,000 $8,000


Donate $100,000 in appreciated property directly to TMAF


$10,000 $2,000 $8,000


($1,200) due to IRS $1,200 eliminated $3,300 $2,100


$3,300 $4,500


$7,900 $5,500


Our webpage (www.texmed.org/GiftOfStock/) shows you how easy it is to make your gift! Together with your advisor, we can help you invest in our future and avoid market woes and tax consequences. Contact TMAF at (800) 880-1300, ext. 1665.


The information in this article is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results.


PAGE 3


Be the heartbeat of TMA Foundation


Schedule your recurring gift and become a Pulse Donor today!


Being a Pulse Donor


means it’s easier than ever to make your charitable donation


to TMAF! Decide the amount and frequency of your gift and which credit card to use and you’re all set!


Be Recognized! In TMAF newsletters Holiday Sharing


TMAF President Deborah A. Fuller, MD (right) thanks TMA Alliance President Debbie Pitts for the 22nd TMA Alliance Holiday Sharing Card. This annual gift to TMAF helps support many of the programs that TMA Alliance members carryout across the state including TMA’s Hard Hats for Little Heads and Be Wise — Immunize. The card lists 62 Alliance members and spouses who collectively contributed $2,485 to TMA Foundation. The card was presented on Jan. 28 at the TMA Winter Conference in Austin.


At TMA’s three annual meetings On TMAF’s website


For more information or to schedule your Pulse Donor gift, contact


TMAF at (800) 880-1300, ext. 1466, email Marilyn Anderson at


marilyn.anderson@texmed.org or visit www.tmaf.org.


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