Boost Your Tax Benefits
Click on the tabs below to learn how each of these strategies can provide tax benefits to you.
Your cash gift can qualify for a Colorado state tax credit, reducing your state tax bill by 50% of the amount of your gift. Please indicate “CCTC” on your check or in the comments when making a gift online so we know you’d like us to certify your gift for this credit. Here’s an example of how your CCTC can benefit your taxes:
The Denver Enterprise Zone tax credit program provides a benefit to Colorado taxpayers who support programs in targeted areas like the Coalition’s programs in central Denver. Your certified DEZ gift can earn you a 25% Colorado State tax credit for your cash gifts or a 12.5% tax credit for gifts of stock. Gifts of stock also avoid capital gains tax, adding to the value of your gift. If you give appreciated stock this is a great option for you.
Here's an example of using the DEZ tax credit with a gift of appreciated stock:
The state requires that we report the last 4 digits of your SSN in order to certify this tax credit. Please add “DEZ” and the last four digits of your social security number (required by the state for the credit) on your check or in your online gift note.
The Coalition gratefully accepts gifts of publicly traded securities. Securities are easily valued without an appraisal and are easy to transfer. Donating appreciated securities typically results in tax advantages:
- You can deduct the current market value of your stock gift from your federal taxes.
- You pay no capital gains tax on the appreciated value.
- Your gift can qualify for the Denver Enterprise Zone tax credit for 12.5% of the donation.
Colorado Coalition for the Homeless Stock Transfer Details
Fidelity Investments (800-343-3548)
For Credit To: Colorado Coalition for the Homeless
Account Number: Z50-669288
DTC Number: 0226
Taxpayer Identification Number: 84-0951575
Please email us at firstname.lastname@example.org with the following information regarding your planned stock transfer: Your name, type of stock, number of shares being donated, and expected date of transfer.