Avoid capital gains by donating appreciated stock and securities to Kettering University
Do you have appreciated stock for at least one year and a day? Do you want to make a difference for Kettering University students? If you have answered “Yes” to both questions, then you may want to consider giving appreciated stock and securities to the University.
By donating appreciated stock, no capital gains tax will be due on the appreciation and the full value of the stock is immediately designated to a Kettering University capital improvement project, scholarship, program or academic area that is important to you. When you itemize, you can deduct the full value of the stock even though you did not pay capital gains tax on the appreciation. So, if you have the opportunity to choose between making a gift of cash and a gift of appreciated stock, a gift of stock may be a better choice since you will avoid the capital gains tax that would be due if you sold the stock.
Your gift can help build the state-of-the art Learning Commons, create a student scholarship to help offset tuition, strengthen our pre-college programs, and more. Kettering University’s Office of Gift Planning is available to assist you with arranging the transfer to the University that will help smart young people meet their objective for a brighter future – a Kettering degree
IMPORTANT: The University is working with a new financial services firm. For the new account information, please contact us toll free at (800) 955-4464 or firstname.lastname@example.org so that we can ensure your stock donation is transferred smoothly to the University.