Making a gift of stock to the Bay Area Community Foundation is an easy and tax-effective way to fulfill your philanthropic goals. Your gift qualifies for a tax deduction based on the full market value of your stock; plus, if the stock has appreciated in value, you avoid the capital gains tax that would otherwise arise from the sale of these shares.
To Make a Gift of Stock
- Please complete the Stock Gift Form and give to your financial advisor. If you have any questions regarding these instructions, please call Sue Jensen at 989.893.4438.
- Please notify us in writing of the gift and indicate in the letter which endowment fund you would like credited with the gift. This will help ensure that your gift is properly received and acknowledged.
- Send correspondence to:
Sue Jensen, Director of Finance
Pere Marquette Depot
1000 Adams Street, Suite 200
Bay City, MI 48708
For more information about other ways of giving such as bequest by will or designating Bay Area Community Foundation as the beneficiary of a life insurance policy or retirement plan, please contact Diane Fong, President & CEO at 989.893.4438.
This information is not a substitute for expert legal, tax, or other professional advice, and we strongly encourage donors to work with your professional advisors to determine the impact of making a stock donation on your particular situations.