Make a gift of stock
Share your shares!
A gift of stock or mutual funds could be the best way to maximize your tax savings and meet your charitable giving goals for the year.
Even stocks that have lost value since you purchased them can provide tremendous tax advantages. The key is in how you give the securities. Consult with your financial advisor and consider the following:
What to do with depreciated stock
For stocks that have lost value (depreciated) you must sell them first then give the cash proceeds to the Providence foundation of your choice. You benefit tax-wise in two ways - you can take both the loss deduction and the charitable deduction.
How to give appreciated stock
For stocks that have increased in value (appreciated), simply donate the shares directly to the Providence foundation of your choice. You receive a double tax benefit by avoiding capital gains on the profit and receiving a full tax deduction for the fair market value of your gift.
Making a stock gift is easy - simply use the brokerage information below for the foundation of your choice.
Please ask your broker to include your name, contact information, and any special instructions for use of the gift with your transfer. To expedite the processing of your gift, please contact us with information about the type of stock and number of shares, as well as any special considerations you may have.
Please send information about your gift, or if you have questions, to the Office of Gift Planning at 503-595-3045 or [email protected].