GIFTS OF SECURITIES (STOCKS)

• A gift of long-term appreciated assets such as stocks and bonds are, next to cash, the preferred gift of our donors. A gift of long-term appreciated assets entitles the donor to a charitable deduction equal to the fair market value of the gift.

• Gifts of securities that have declined in value, generally, should not be donated to the College.  Instead, we recommend that the stocks be sold to establish a tax loss for the donor and the proceeds from the sale be donated to the College.

•  Gifts of closely held securities (non-publicly traded securities) also provide the donor with tax advantages as well. These gifts require special handling. Donors are urged to contact the Office of Institutional Advancement.

DONORS SHOULD CONTACT THEIR PERSONAL TAX ADVISOR FOR ALL QUESTIONS RELATED TO THE TAX TREATMENT OF GIFTS MADE TO THE COLLEGE. CONTACT THE OFFICE OF INSTITUTIONAL ADVANCEMENT AT 434-848-6413 OR BY E-MAIL AT wherrington@saintpauls.edu FOR QUESTIONS.