Giving appreciated securities—stocks and bonds—can be tax efficient for the donor.
If you make a gift of securities directly to Baylor, you will receive an income tax deduction— and gift credit with Baylor—for the full market value, without paying any capital gains tax.
If you were to sell these securities before making the gift, you would have to pay tax on any capital gains.
How to
If you own securities in a brokerage account, these shares can easily be electronically transferred to Baylor. Complete and return Baylor’s Stock Transfer Form available at baylor.edu/giving/stock.
Please contact us for assistance if you own stock in certificate form.
Closely held stock and other securities that are not publicly traded work best when there is a mechanism for Baylor to sell the gifted interest to other shareholders or the corporation itself. For these gifts, the donor must usually obtain an appraisal to claim a tax deduction. Please contact us for assistance.
