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  • 1.  Appreciated Stock

    Posted 22 days ago

    Hi everyone,

    We have a donor who wants to give appreciated stock which I am not familiar with. Is this something that is treated differently than regular stocks? Are there specific questions we would need to get answered from the donor?

     

    Any help would be appreciated.

    Thank you,

    Tammy

     

    Tammy M. Cline

    Associate Director, Gift Policy, Processing & Reporting

    West Point Association of Graduates

    698 Mills Road West Point, NY 10996

    Phone: 845.446.1540

    Fax: 845.377.3039

    WestPointAOG.org

     

    Serving West Point and the Long Gray Line

     

    CONFIDENTIALITY NOTICE: The information contained in this email message and any attachments is confidential and the property of West Point Association of Graduates (WPAOG). This message is intended for viewing and use by the original recipients only. Any dissemination, distribution, or copying of this communication and/or its attachments is prohibited without the sender’s written permission. WPAOG does not accept liability for changes to this message after it was sent or privacy violations caused by forwarding to additional parties. If you have received this communication in error, please notify the sender and delete this email from your computer. For additional information please refer to the privacy statement available at WestPointAOG.org.

     



  • 2.  RE: Appreciated Stock

    Posted 22 days ago
    I think this is just a language issue. Most stock donations are of appreciated stock. Process this exactly as you normally would. They will DTC the shares to your account, and you will issue a receipt for the number of shares and the name of the stock without referencing a value.

    John H. Taylor, Principal
    John H. Taylor Consulting, LLC
    2604 Sevier Street
    Durham, NC     27705

    919.816.5903 (cell/text)

    Serving the Advancement Community Since 1987






  • 3.  RE: Appreciated Stock

    Posted 22 days ago

    Perfect, thank you so much!!!!

     

    Tammy M. Cline

    Associate Director, Gift Policy, Processing & Reporting

    West Point Association of Graduates

    698 Mills Road West Point, NY 10996

    Phone: 845.446.1540

    Fax: 845.377.3039

    WestPointAOG.org

     

    Serving West Point and the Long Gray Line

     

    CONFIDENTIALITY NOTICE: The information contained in this email message and any attachments is confidential and the property of West Point Association of Graduates (WPAOG). This message is intended for viewing and use by the original recipients only. Any dissemination, distribution, or copying of this communication and/or its attachments is prohibited without the sender’s written permission. WPAOG does not accept liability for changes to this message after it was sent or privacy violations caused by forwarding to additional parties. If you have received this communication in error, please notify the sender and delete this email from your computer. For additional information please refer to the privacy statement available at WestPointAOG.org.

     




    Original Message


  • 4.  RE: Appreciated Stock

    Posted 22 days ago

    Sorry, I misunderstood. The donor wants to give us appreciated EQUITY.  What is this?

     

    Tammy M. Cline

    Associate Director, Gift Policy, Processing & Reporting

    West Point Association of Graduates

    698 Mills Road West Point, NY 10996

    Phone: 845.446.1540

    Fax: 845.377.3039

    WestPointAOG.org

     

    Serving West Point and the Long Gray Line

     

    CONFIDENTIALITY NOTICE: The information contained in this email message and any attachments is confidential and the property of West Point Association of Graduates (WPAOG). This message is intended for viewing and use by the original recipients only. Any dissemination, distribution, or copying of this communication and/or its attachments is prohibited without the sender’s written permission. WPAOG does not accept liability for changes to this message after it was sent or privacy violations caused by forwarding to additional parties. If you have received this communication in error, please notify the sender and delete this email from your computer. For additional information please refer to the privacy statement available at WestPointAOG.org.

     




    Original Message


  • 5.  RE: Appreciated Stock

    Posted 22 days ago
    Appreciated stock, in this context, simply means that the donor purchased the stock when it was worth a lot less, and by donating it, they will avoid capital gains tax on the amount it appreciated, while also receiving a tax deduction for the value of the contribution. On your end, this is a plain old stock gift.


    Thank you,
    Isaac Shalev
    President
    Sage70, Inc.
    (917) 859-0151
    isaac@sage70.com

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