George Fox University | Office of Development | Ways to Give | Gifts of Securities

Gifts of Securities

Donating appreciated shares of marketable securities is an attractive alternative to a cash contribution. It may also provide significant tax advantages to you. Either way, your donation will help further the work of George Fox University.

There are many benefits to donating appreciated shares of marketable securities such as:

• Lower out-of-pocket costs for your contribution
• Avoidance of capital gains tax on the sale of appreciated securities
• Potential tax deduction of the full current value of the donated securities

Take a look at this example for an Oregon resident:

	SECURITIES CONTRIBUTION (originally purchased at $5,000)	CASH GIFT
Gift amount	$10,000	$10,000
Relevant tax rate for charitable deduction	35% Federal income tax 9% State income tax	35% Federal income tax 9% State income tax
Applicable tax benefit	$4,400	$4,400
Added tax benefit of avoided capital gains*	$1,200	$0
Total tax benefit of $10,000 contribution	$5,600	$4,400

*Assumes federal capital gains rate of 15% and 9% state income tax

For specific information regarding the tax advantage and limitations of donating appreciated securities applicable to your individual circumstance, please contact your tax advisor or Al Zimmerman, 503-554-2106.

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There are two ways to donate securities:

(These forms require Adobe Acrobat Reader which you can download here).

1. If your shares are held in a brokerage account:
   • Complete the printable Letter of Instruction form.
   • Send the form to your broker.
   • Inform us that you are making this gift by contacting Al Zimmerman at 503-554-2106 or e-mail him at azimmerman@georgefox.edu.
2. If the stock certificates are in your possession:
   • Complete the printable Irrevocable Stock or Bond Power form.
   • Complete the printable Letter of Authorization form.
   • Mail the unsigned stock certificates and the completed "Irrevocable Stock or Bond Power" in different envelopes for your protection. Include the completed "Letter of Authorization" with the "Irrevocable Stock or Bond Power." Send both envelopes to George Fox Unversity, Attn: Al Zimmerman, 414 N. Meridian St. #6049, Newberg, OR 97132.