Gifts of Stock - Green Chimneys

Green Chimneys School bulletin board displays the message, "This school is better because you are in it."

Classroom as Community

September 30, 2019

Gifts of Stock

Gifts of stock and bonds can be one of the most advantageous ways of giving. Gifts in the form of incentive stock options or regular investment holdings allow the donor to deduct the full fair market value of the stock as a charitable contribution, while bypassing all capital gains taxes (to qualify you must own your stock for more than one year). Securities may be donated by transferring them directly into The Friends of Green Chimneys account.

Valuation

The value of your gift is calculated by using an average of the high and low prices of the security on the date that it enters our account. This date is included in our thank you letter. This letter can then be used as proof of your donation for tax purposes.

Privacy Statement

Our broker cannot obtain any of your account information. Your information is kept strictly confidential to protect your privacy.

For more information contact Kristin Dionne, Director of Fund Development at kdionne@greenchimneys.org or 845.279.2995 x330

Peacock

Peacocks were the royal birds of Maharajas in India for centuries. Their beauty and impressive tail feathers make them an eye-catching addition to any landscape. At Green Chimneys, peacocks have roamed the campus freely for many years and the birds are a familiar and calming sight to students, staff and visitors. In late summer, the males shed their long tail feathers, an event eagerly anticipated by students who collect the feathers to decorate their dormitory rooms.