Gifts of appreciated, marketable securities (such as stocks, bonds, mutual fund shares) can afford donors considerable tax advantages. If you have owned the security for at least one year, you can receive a tax deduction for the full value of the security at the time of donation.
You can avoid paying capital gains tax, and, you do not have to pay commission to sell the security. See below for an example of the tax advantages. Please consult your tax advisor to see if you qualify for any tax advantages.
Securities can be easily transferred from the donor’s account to the Foundation’s local brokerage account. If you hold the securities in individual certificates, contact the the Foundation's Treasurer for more information.
If the security is held in a brokerage account, follow these steps:
Follow this link to the attached instructions (in PDF format)
Fill in the appropriate information regarding the shares you wish to gift.
Check with your broker to see if they require a signature guarantee or any additional information.
Mail the letter to your broker.
Mail a copy of the letter to the Foundation Treasurer. This allows us to track your gift.