Gifts of Stocks and Bonds
Donating appreciated securities, including stocks or bonds, is a simple and tax-effective way to support the Maritime Museum of San Diego. By making a gift of securities, you may be able to maximize the impact of your charitable contribution while receiving valuable tax benefits.
Benefits of gifts of stocks and bonds
- Avoid paying capital gains tax on the sale of appreciated securities.
- Receive a charitable income tax deduction for the full fair market value of your gift.
How to make a gift of stocks and bonds
By electronic transfer
Please work with your broker or financial advisor to determine what information is required to transfer stock or bonds from your brokerage or investment account. Contact the Development team and we will be happy to provide any details needed to complete the transfer.
By certified mail
If you hold securities in certificate form, two envelopes are required 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. Stock powers may be obtained from your broker or bank. Please remember to send both envelopes using certified mail.
There are special rules for valuing gifts of securities. The value of a charitable gift of stock is generally determined by taking the mean between the high and low trading prices on the date of the gift. Mutual fund shares are typically valued using the fund’s closing price on the date the gift is received.