Gifts of Securities
Appreciated, Depreciated and Closely-held Stock
Use gifts of securities to enhance your giving. The IRS still allows a substantial tax break for individuals considering giving a gift of securities.
- Appreciated stocks—Donors may deduct the full, fair market value of appreciated assets given to St. Mary's Health System with no recognition of capital gains. This means that donors can leverage a large donation and charitable deduction using an asset with a small cost basis. We must receive the actual stock for you to benefit from the tax advantages.
- Closely-held stock—Stock that is not publicly traded can also be used as a charitable gift even if you wish to maintain a controlling position in the stock.
- Depreciated stocks—By selling securities worth less than their purchase price, you may claim a capital loss on your income tax. The proceeds of the stock sale can then be donated to St. Mary's Health System.