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  • 1.  Stock Gifts for Event Payments

    Posted 10-08-2025 03:01 PM

    Hi, all. Do any of you have experience with accepting stock gifts as payments for event tickets? If so, what IRS language do you use in your tax receipts? We're working on how to cover the "goods and services provided" section of our tax receipts in this case. Any relevant knowledge would be appreciated! Thanks.



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    Melissa Englander
    Memorial Sloan Kettering Cancer Center
    englandm@mskcc.org
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  • 2.  RE: Stock Gifts for Event Payments

    Posted 10-08-2025 03:06 PM
    Actually, you cannot do that through your Advancement Office.

    Donors can make stock donations and avoid paying capital gains, but only when the gift is used to fund charitable activities. A donor can use stock to do other things, like pay tuition and make purchases (like event tickets), but those must go through your Business Office, with the donor ensuring their broker knows that these payments are NOT tax-deductible.

    I'd speak with your Business Office about protocol. Alternatively, your donor can execute a stock SALE now and send you the cash.

    John

    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




    Original Message


  • 3.  RE: Stock Gifts for Event Payments

    Posted 10-08-2025 03:13 PM

    John- this is so incredibly helpful! Thank you for the quick reply.



    ------------------------------
    Melissa Englander
    Memorial Sloan Kettering Cancer Center
    englandm@mskcc.org
    ------------------------------

    Original Message


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