Give a Gift of Stock
The advantages of making a gift of stock
- The market value of a gift of stock and securities is tax-deductible, just like any other charitable contribution.
- Giving stock or securities has an additional tax advantage over a cash gift: you avoid capital gains tax on the appreciation of the asset.
- A gift of stock, securities, or an IRA distribution could increase the value of your gift to Friends of the Children - Utah at a decreased cost to you.
How to make a gift of stock
To arrange a stock transfer, please contact:
Elise Forbes Wallace
Development Manager, Friends of the Children – Utah
Phone: 617-983-6382 Email: eforbeswallace@friendsutah.org
Always consult with your tax advisor for specific tax information when giving securities, as certain limitations to deductions may apply.
Are you a financial advisor?
If your clients are looking to make a gift of stock, please note that Friends of the Children - Utah’s tax ID number is 84-4890857. Please reach out to Elise Forbes Wallace to facilitate the gift.