As you consider a charitable contribution this year, you may want to consider how a gift of appreciated stock to Baystate Health Foundation may be a particularly attractive way for you to make a meaningful gift and enjoy tax savings.
If the stock has been held for more than one year, a gift of stock provides valuable benefits to you:
- An income tax deduction based on the full fair market value of the stock at the time of the gift.
- Eliminate capital gains taxes on any increase in value – taxes you would pay if you sold the stock.
- The satisfaction of knowing your gift is making an impact for lifesaving and life-changing care.
Making a gift of securities to support our mission is as easy as instructing your broker to transfer the shares. We’re here to help! Feel free to contact Catherine Spadoni at 413-794-5444 or Catherine.Spadoni@BaystateHealth.org.
This information is not intended as legal or tax advice. Gifts of stock can be complex: we encourage you to consult your tax or financial advisor.