A gift of securities, which you have held for more than one year, is an economical way to give to Timon. You can take a charitable deduction for the stock's fair market value on the day you give it away. This will avoid you having to pay capital-gains taxes on the increase in value over time.
Gifts of stock may be transferred to our preferred partner, Neil Farrell '75, Farrell Financial, (716) 508-8504.
Please contact Lysa Elis (716) 826-3610 x246, advising Timon of your gift. Please give the following information:
- Name of stock and the number of shares
- Your contact information
- The purpose of the gift