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If your investments in the financial markets have been successful, you can use these assets without losing a substantial portion of your earnings to the capital gains tax by making your gift with appreciated stock. Also, a gift of stock held more than one year may qualify for a charitable income tax deduction equal to the securities' full fair-market value. It is also possible to make a gift with appreciated securities in a mutual fund. Because of capital gains considerations, it is often more beneficial to contribute appreciated securities directly to Indian Creek School rather than to sell them and donate the proceeds of the sale. If you would like to make a gift of stock to Indian Creek School, please transfer the stock to: Indian Creek's Merrill Lynch Account #707 04224 To ensure our ability to promptly acknowledge your gift, please advise your broker to name you on a trailer on the transaction confirmation or contact Elaine Nagey, at enagey@indiancreekschool.com or 410.849.5154. Thank you. |
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