Gifts of Stock and Securities

The gift of stock and securities offers the best return on your donation.

Donating appreciated stock to the Northern Lights Health Foundation can be more advantageous than donating cash. If you give appreciated securities held longer than one year, you can deduct their full fair market value, regardless of what you originally paid for them. Your total deduction is limited to 30% of your adjusted gross income in any year, but you can take any unused deduction over five succeeding tax years and you pay no capital gains tax on the donated securities. With these tax savings, the actual cost of your gift is less than if you made a cash gift.

Please advise your banker or broker the number of shares of each security you wish to give and instruct the bank or broker to telephone our Executive Director for transfer instructions. The date of your gift for valuation purposes is the date on which the securities pass from your control, regardless of when you instructed your broker to transfer them. The amount of your gift for gift crediting purposes will be based on the mean market value of the high and the low share price of each security on the date of transfer.

If you have any inquiries, contact our Executive Director.