GIFTS OF STOCK

Giving a gift of appreciated stocks, bonds or mutual funds can be to your financial advantage. In most cases, you may claim a charitable income tax deduction for the full fair market value of the shares and avoid capital gains tax. Please consult your financial advisor to clarify the advantages.

  1. Please call the Mowglis Office at (603) 744-8095 ext. 280 or email [email protected] to let us know of your gift intention. Since brokers don’t always inform us about a gift, your call will ensure your gift is transferred and credited correctly.
  2. Please provide the following information: • Full name of the Donor(s) • Name of the stock • Number of shares • Date of transfer • Intended use (i.e. Annual Fund) • Name and telephone number of your broker.

*Click Here to download our detailed stock gift instruction guide.

Please note: According to IRS tax code (Regulation 1.170A-1(b)), gifts of securities received via DTC will be acknowledged using the mean value of the stock on the day it is received into the Mowglis’ account.