Gifts of cash may be made by check, credit card, or electronic transfer.
Marketable Securities and Mutual Funds
Many donors find that contributing appreciated securities is a great way to make a gift to the AMS and benefit from tax-saving incentives. A gift of listed stocks, bonds, or other publicly traded securities entitles a donor to an income tax deduction equal to the full fair market value of the securities on the date of the gift, provided the securities were owned for more than one year. You will be eligible to take a federal income tax deduction equal to the fair market value of the stock on the date of the gift for up to 30 percent of your adjusted gross income and will not recognize the appreciation as capital gain.
If the securities have depreciated in value, it is usually more advantageous for a donor to sell depreciated securities, and donate the proceeds to the AMS. By selling the security and then making a gift, you will be able to claim a capital loss deduction on your income tax return, and also claim an income tax deduction for your charitable gift. Please see your tax advisor for more information.
How to Give Securities or Mutual Fund Shares
Matching Gifts
Corporate matching gift programs are a wonderful and easy way for you to double or triple the impact of your contribution to the AMS. Contact your Human Resources Department to determine your eligibility and obtain a matching gift form. Complete your employer's matching gift form and mail, along with your gift, to the AMS.
Real Property
Outright gifts of appreciated real property (such as a personal residence, vacation home or other real estate) may offer tax incentives to the donor. The donor will typically receive a charitable deduction for the full fair market value of the property as determined by a qualified appraisal. Contact the Development Office prior to any decision to donate real property.
