Gifts of Appreciated Stock: When appreciated stock is liquidated there would typically be a capital gains tax of 15% levied on the increase in value. Under current tax law, this tax is forgiven if the appreciated value is donated to a charity. Your tax deduction is based on the mean value of the securities on the date of transfer. We recommend that you speak with your tax advisor.
To Transfer Stock to St. Margaret Foundation please call: Richard Crist of Janney Montgomery Scott at 412-562-7888.
DTC#- 0374 Account#- 7980-7105 Tax ID- 25-1520340