Gifts of Stock - Green Chimneys

Welcome Principal Cox!

January 10, 2022

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, Associate Executive Director, Development
at kdionne@greenchimneys.org or 845.279.2995 x330

Skink

The newest addition to the Nature Room at Green Chimneys’ Clearpool campus is a blue-tongued skink. He was donated by a nature center, where he spent over ten years visiting schools and interacting in public programs. Students are fascinated, and sometimes a bit confused, by his unusual bright blue tongue. In the wild, blue in animals can signify poison and acts as a warning to potential predators, but skinks are not poisonous.