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A Gift of Stock Shares

Donating Your Shares  A gift of stock or mutual funds before December 31st could be an ideal way to maximize tax savings and meet your charitable giving goals this year.

Even if your stocks have lost value since you purchased them, you may receive useful tax advantages.  Consult with your financial advisor and consider the following tips:

Depreciated Stock

For stocks that have lost value, sell them first and then give the cash proceeds to the Headington Institute. You may benefit tax-wise in two ways by taking both the loss deduction and the charitable deduction. 


Appreciated Stock

For stocks that have increased in value, you may receive tax savings by donating the shares directly to the Headington Institute. You may receive a double tax benefit by:

Avoiding capital gains on the profit you've gained

Receiving a full tax deduction for the fair market value of your gift.

 

Making a stock gift is easy! Simply use the brokerage information below.

For gifts of appreciated securities, please provide your broker with the following information to facilitate the transfer of shares: 

Headington Institute Tax ID #: 95-4839511
Broker: Vanguard, DTC#: 0062
Headington Institute Account #: (contact us)

Please remind your broker to include your name, contact information, and any special instructions for use of the gift with your transfer. To expedite the processing of your gift, we suggest that you also contact us with information about the type of stock and number of shares, as well as any special considerations you may have. Please direct information about your gift and any other questions to Alicia Jones at (626) 229-9336 or by email at ajones@headington-institute.org


For further questions, you may also contact Headington Institute’s brokers:

Vanguard Brokerage Services 
The Vanguard Group
455 Devon Park drive
Wayne, PA 19087-1815
Tel. 1-800-462-2391

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