Gifts of Stocks and Bonds
Donating appreciated securities, including stocks or bonds, is an easy and tax-effective way for you to make a gift to Legacy Deo.
Benefits of gifts of stocks and bonds
- Avoid paying capital gains tax on the sale of appreciated stock
- Receive a charitable income tax deduction
- Further our mission today
How to make a gift of stocks and bonds
By electronic transfer - Please use this form to instruct us how to direct your gift of stocks or bonds from your brokerage or investment account. Please contact Legacy Deo for a second form that your stockbroker or investment custodian will need.
By certified mail - Please use this form to instruct us how to direct your gift of stocks or bonds. If you hold securities in certificate form, you will need to mail two envelopes separately to complete your gift. In the first envelope, place the unsigned security certificate(s). In the second envelope, include our instruction form and a signed assignment form for each certificate. The assignment form can be obtained from your broker or transfer agent and will likely require a medallion signature guarantee. Be sure to use certified mail for the first envelope (certificates) and insure it for the cost to replace the certificate(s).
More on gifts of securities
There are special rules for valuing a gift of stock. The value of your charitable gift will be the average of the high and low stock price on the date we receive the shares. Mutual fund shares are valued at the closing price for the fund on the date the gift is received.
Contact us
If you have any questions about gifts of stocks and bonds, please contact us. We would be happy to assist you and answer your questions.
