Gifts of Appreciated Securities
Saint Luke Institute is pleased to accept gifts of stock. These gifts can provide an additional tax benefit to you. A gift made with appreciated securities provides you with a charitable income tax deduction based on the securities' fair market value on the date of transfer and you do not incur a tax on unrealized capital gain—you avoid the capital gains tax that would have been due had you sold the securities yourself!
Saint Luke Institute requests that gifts of stock be electronically transferred to its account at Chevy Chase Financial Services, using the Stock Transfer Form.