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
Contacts:

 Molly Whatley, Senior Registered Client Associate
 Paul Vernarsky, Senior Vice President/Investments

Our account name:  Mission Healthcare Foundation, Inc.
Account number:  66040740
DTC#:  0141
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.