GIVING A GIFT OF STOCK
A gift of appreciated securities is an excellent way to support the Harvard Glee Club Foundation and reduce your tax burden at the same time. Transferring appreciated securities to the Harvard Glee Club Foundation generates a charitable contribution tax deduction based on the fair market value of the shares at the time the transfer is completed–regardless of basis.
Not only do you get a charitable gift deduction for the full market value of the stock, but you avoid capital gains tax on the amount that the stock has appreciated since you acquired it.
For more information about making a transfer of stock into the Foundation’s brokerage account, please call the Foundation office at 617.547.GLEE (4533). Foundation staff can provide you with the information you need as well as a copy of the “Agreement to Donate Publicly Listed Securities” form for your convenience.
Unfortunately, because of security concerns, we are no longer able to provide this information via our website or email. Thank you for your understanding.