ESTABLISH YOUR LEGACY

Benefits of gifts of stocks and bonds

• • Avoid paying capital gains tax on the sale of appreciated stock.
  • Receive a charitable income tax deduction.
  • Help further the mission of the Boys & Girls Club of the Lower Naugatuck Valley today.

How to make a gift of stocks and bonds

• • By electronic transfer – Please contact us for instructions on how to transfer stock or bonds from your brokerage or investment account to the Boys & Girls Club of the Lower Naugatuck Valley.
  • By certified mail – If you hold securities in certificate form, you will need to mail two separate envelopes to complete your gift. In the first envelope, place the unsigned stock certificate(s). In the second envelope, include a signed stock power for each certificate. You can obtain this stock power from your broker or bank. Be sure to use certified mail for both envelopes.

More on gifts of stocks and bonds

There are special rules for valuing a gift of stock. The value of a charitable gift of stock is determined by taking the mean between the high and low stock price on the date of the gift. Mutual fund shares are valued using the closing price for the fund on the date of the gift.