Avoid Capital Gains Tax—Appreciated Stock

An Outright Gift of Appreciated Stock enables the donor to obtain substantial tax benefits. First, donors receive an income tax deduction equal to the full fair market value of the stock on the date of the gift. In addition, no capital gains tax is due when the Museum sells the stock, so the full value of the gift supports the Museum's work.

Appreciated stock is also an excellent asset to use for funding a gift plan that provides income for life. Because Boston Children's Museum will benefit in the future from the principal of the gift, capital gains tax is avoided when appreciated stock donated into the plan is sold to reinvest for higher income.

When transferring stock please call the Development Department (617) 426-6500 x201 to let them know your broker will be transferring stock, the kind of stock and how much, and where you want the proceeds to go (e.g., the Annual Fund, to satisfy a pledge, etc.)
Then, give your broker these wiring instructions:

• DTC #0226, State Street Global Advisors
• Free delivery for benefit of Boston Children’s Museum into account #AB2 033898 THE CHLDRNS MUSEUM