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.
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.
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 [email protected] or 845.279.2995 x330