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.
- 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.
- 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.