Appreciated Stock & Holdings
While cash gifts are the most popular type of charitable contribution, an even more tax-friendly way to support Mission Hospital through the Foundation is through gifts of appreciated holdings. Such holdings include:
- Securities (stocks and bonds)
- Property (real estate and personal property, such as art)
- Retirement plans
- Business interests (partnerships, C corp., S corp.)
Donors who give appreciated holdings to Mission Foundation not only receive a charitable deduction on their income taxes but also avoid taxes on the capital gains portion of their donated assets.
In essence, a donation of $10,000 of an appreciated holding, such as shares of stock, offers greater tax savings than a donation of $10,000 in cash.
How To Make a Gift of Stock
Stock transfers may be arranged through our brokerage firms as listed below:
Wells Fargo Advisors, LLC
|Our brokerage company:||Wells Fargo Advisors, LLC|
|Phone number in Asheville, NC:||(828) 258-0546|
|Toll free number:||(800) 252-0546|
Molly Whatley, Senior Registered Client Associate
|Our account name:||Mission Healthcare Foundation, Inc.|
|Our tax identification#:||56-1881331|
Please notify Mission Healthcare Foundation of your stock transfer, so we may designate your gift in the fund or for the purpose you desire. Please call Melody Dunlop at 828-213-1022 for further assistance.
All gifts to Mission Healthcare Foundation are tax deductible as provided by law and acknowledged to the donor.