Gifts of Securities

Appreciated Securities

Long-term, appreciated securities (i.e., stocks, bonds, and mutual fund shares) used as a gift offer significant tax benefits to the donor. In addition to exemption from federal capital gains tax, securities owned for more than one year provide the donor with a charitable income tax deduction for federal income tax purposes equal to the securities’ market value (on the date of their receipt by the School) for up to 30% of the donor’s adjusted gross income.