Donating stock or appreciated securities may help you in several ways.
- For most contributions, the charitable deduction is the average of the high and low fair market value the day of the transfer.
- Capital gains taxes which would be realized in the event such securities were sold can be avoided.
- There are likely no brokerage fees or sales commissions.
To make a donation, follow these simple instructions:
(Click here for more detailed instructions and all of our necessary account and contact info.)
- Notify your broker of your plan to gift securities to Palliative & Supportive Care of Nantucket Foundation.
- Provide your broker with PASCON’s broker information including our DTC # and our account #.
- Call, write, or email us (or have your broker do so) with the details of your contribution as stocks are transferred into our account with no identifying information.
- PASCON will send a tax receipt once our broker notifies us that the stocks were sold and provides us with the date and value.