Gifts of Stocks and Bonds
Donating appreciated securities—such as stocks, bonds, or mutual funds—is a smart and tax-effective way to support the mission of Saint Agnes Foundation. These types of gifts allow you to make a significant impact without dipping into your cash reserves.
Benefits of gifts of stocks and bonds
- Avoid paying capital gains tax on the sale of appreciated assets
- Receive a charitable income tax deduction based on the fair market value
- Make an immediate difference in the lives of those we serve
How to make a gift of stocks and bonds
Making a gift of securities is simple and can be completed in a few easy steps. Whether you prefer to give electronically or by mail, we offer convenient options to fit your needs.
Please contact us for instruction on how you can transfer stock or bonds from your brokerage or investment account to Saint Agnes Medical Center.
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 stock certificate(s). In the other envelope, include a signed stock power for each certificate. You may obtain this power from your broker or bank. Please remember to use certified mail.
Understanding the value of your gift
When you give publicly-traded securities, the value of your charitable gift is determined using IRS guidelines.
- For stocks, your gift is valued at the average of the high and low trading prices on the date of the donation.
- For mutual funds, the gift is valued at the fund's closing price on the date of the transfer.
These details ensure you receive the proper tax acknowledgement while maximizing the impact of your gift.
We're here to help
Have questions about how to make a gift of stocks or bonds? We're happy to guide you through the process. Contact us and let us help you take the next step toward making a meaningful legacy gift.
Contact us