Over the past ten years, there has been significant growth in the value of stocks. By giving appreciated, long-term stock directly to Emma Willard School instead of giving cash, you avoid paying any capital gain taxes on the increase in value of your stock and you receive a tax deduction for the full fair market value of the stock on the day of your gift. The cost to you of a gift of appreciated, long-term stock can be less than the cost of a gift of cash.
Information presented here is a general guideline.
Emma Willard School recognizes that individual circumstances differ. We encourage donors to seek advice from their own legal and financial advisors. By providing this information before the transfer occurs, the School can link the stock to the appropriate donor when the stock is received in the School's account, ensuring that the donor receives credit and an accurate, prompt receipt for the gift. It is imperative that the School is contacted before the stock is transferred. Step 2 Donors are asked to contact their brokers and request that the stock be electronically transferred to the School's account at First Union Securities.