Gifts of Stock - Green Chimneys

Image of the six Mallard ducklings huddled together.

The Tale of Six Fuzzy Ducklings

June 18, 2020

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

Mac

Crabapple Hollow Macintosh, “Mac” for short, is a 13-year-old Clydesdale gelding (male) with striking white markings and long, white hair on his legs called “feathers.” Clydesdales originated in Scotland as one of the smaller draft breeds, but have been bred to be taller to look more impressive in parades & shows. Mac is well known on campus as one of the biggest horses at the barn, as he stands around 17 hands high and weighs close to 1,200 pounds! But don’t let his size fool you – Mac is a gentle giant, and is great at his job as a therapy horse, helping students gain important skills in riding & driving sessions.