Securities & Properties
A gift of appreciated securities that you have held for more than one year is frequently an economical way to give. You will be eligible to take a federal income tax deduction equal to the fair market value of the stock on the date of the gift for up to 30 percent of your adjusted gross income and will not have to recognize the appreciation as capital gain.
How to Give Securities or Mutual Fund Shares
Securities Held by You
Please send unendorsed certificates by mail, along with a letter giving your name and address, to Catholic Medical Center, Development Office, 100 McGregor Street, Manchester, NH 03102. Please call (603) 663-6056 with questions.
In a separate envelope, please mail to the same address a stock power for each certificate, along with a copy of your letter. Do not complete any information on the stock power other than your signature and the date. If the certificate represents a greater number of shares than you intend to give to Catholic Medical Center, please enclose a note requesting the return of a new stock certificate with the non-gift balance.
Your bank or broker can supply you with blank stock powers, or we will be happy to send them to you. For most expedient handling, do not fill in Catholic Medical Center as transferee on either the stock certificate or the stock power, and please do not send stock certificates to a transfer agent for transfer into CMC’s name.
Mutual Fund Shares
Please contact Catholic Medical Center with information about your mutual fund shares. The procedure for transferring shares is established by our mutual fund company. We will be able to assist you with the appropriate letters of instruction.
Gifts of Other Assets
Gifts to Catholic Medical Center can come in the form of other assets as well. For example, you may wish to consider gifts of closely held stock, tangible personal property if its use is related or real estate.
Questions: Call (603) 663-6056 or e-mail: firstname.lastname@example.org