Your Gift to the Silicon Valley Children’s Hospital Foundation of appreciated stock or mutual funds are among the most advantageous forms of philanthropic giving. Making a gift of securities is simple and offers a number of important financial benefits.

What is the Advantage of Donating Stock vs. Cash?

• A federal income tax charitable deduction if you file an itemized return. Many state income tax laws, including New York State’s, also allow for a charitable deduction.
• A deduction for the securities’ full fair market value if they have been held 12 months or longer.
• Elimination of capital gains tax.
• If you hold securities that have declined in value, it is generally advisable to sell them and then donate the cash proceeds to SVCHF. In this way, you can establish a tax loss and claim an income tax charitable deduction for the cash gift.
  

Example: Suppose your 300 shares of XYZ Corporation stock have increased substantially in value. After consulting your tax advisor, you decide to donate your XYZ shares to SVCHF. Suppose you originally bought the stock for $3,000 and it is now worth $10,000. By giving it to us, you pay no capital gains on the $7,000 appreciation of the stock, but for tax purposes, you deduct the full $10,000 value of the stock donated. You also do not have to declare the appreciation.

Letter of Authorization
PDF