• The donor can deduct the value of the gift at market value, NOT the basis.
• The donor does not pay capital gains tax on the transfer.

Example: Donor bought 100 shares of XYZ Corp. at $50 a share in 1993. Today, that stock is worth $100 a share. Donor would like to make a gift to the Chapter. Donor sends a letter to his or her broker and copies it to the charitable recipient, directing the donor to transfer 50 shares to the recipient. Donor's cost of the gift is $2500. Impact on the recipient organization is $5,000, minus any account fees they pay.

To make a stock gift to the Centennial Chapter, include this information about our account in your letter to your broker: DTC 0201, Account number 1314 4246.

Remember that this doesn't work with depreciated stock, except it still gives value to the recipient. If you want to use depreciated stock, you'll be better off if you sell it and take the loss and then make a gift of cash or another stock.

Stock gift market value is calculated at the average of the high and the low on the day the stock is received by the recipient organization.