How It Works
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You transfer securities to the Hospital
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The Hospital sells your securities and uses the proceeds for its programs.
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Benefits
- You receive gift credit and an immediate federal income tax deduction for the fair market value of the securities on the date of transfer, no matter what you originally paid for them. This applies if you itemize, and is subject to limitations.
- You pay no capital gains tax on the securities you donate.
- You can direct your gift to a specific fund or purpose.
- You can have the satisfaction of making a significant gift now or funding a life-income gift that benefits the Hospital later.
More
To learn more about gifts of appreciated securities, Email us, complete the Information Request form, or call us at 860-545-2162 so that we can assist you.
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