Gifts of Securities are a wonderful way to support the mission of Fairview Hospital and offers significant tax benefits to the donor as well.
Given directly to Fairview, gifts of securities will avoid any capital gains tax if the present value is higher than the original purchase price. This method is important when the asset has been owned for 12 months or more, has appreciated in value and will be subject to capital gains tax if sold. When given to Fairview Hospital outright, the total value of the asset as an itemized deduction (contribution) is the fair market value as determined at the date of transfer.
Your brokerage firm or trust company can easily transfer Securities to Fairview Hospital. Before the transaction, please have your broker contact:
John DeQuattro at TD Wealth Management
Account Information for Fairview Hospital:
|Account||Account Registration||TD WEALTH|
|Account Type||Charitable / Non-profit|
|Receiving Firm DTC #||901|
|Receiving Firm||BANK OF NEW YORK MELLON|
|FAIRVIEW HOSP 74-2007-01-6|
If you are to make a gift of securities, please contact Lauren Smith, Director of Community Relations and Development at Fairview Hospital, (413) 854-9611, or firstname.lastname@example.org. Thank you.