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October 30th, 2018

How to Make Your Gift of Appreciated Securities

Gifts of appreciated securities (stocks, mutual funds etc.) offer important tax advantages, since their full fair market value is deductible as a charitable contribution up to 30% of adjusted gross income each year when itemizing deductions. Say what? We suggest you consult with your tax advisor to determine your particular needs, but please contact us at Community Foundation for assistance in making your gift.

To make such a gift by 12/31/2018, we kindly ask that you begin the gift process no later than December 14, 2018 to meet the deadline. These types of gifts take more time than writing a check or using a credit card, but are often larger amounts and so it’s worth it (especially to those you will help).

We ask you to inform us (just a heads up) before making a stock gift. This will ensure you get gift credit. Community Foundation needs the following information: name of the stock, number of shares and designation of the fund to which you would like to make the gift.

Please contact anyone on staff at 607-272-9333 or by email to Nancy Massicci at nmassicci@cftompkins.org or complete the Stock or Mutual Fund Gift Form return it to 200 E. Buffalo Street, Suite 202, Ithaca, NY 14850.  Thank you!

TRANSFER OF STOCK (AND OTHER MARKETABLE SECURITIES), to benefit Community Foundation of Tompkins County, transfer instructions - 

Charles Schwab & Co

DTC #: 0164 Code: 40

For account of: Community Foundation of Tompkins County

Acct# 9817-4092

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