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Gifts of Appreciated Securities
(Important reminders)

DON'T
Don't sell appreciated stock first and then give PENN Medicine the proceeds. Even though you are making a gift, the I.R.S. will impose capital gains tax on your sale, eliminating a key tax benefit of this giving technique.

DON'T
Don't contribute securities that have declined in value. The fair-market deduction rule works against you: if you bought the stock for $50,000 and it's now worth $30,000, your charitable deduction will be limited to $30,000. You won't earn a capital loss by making the transfer to us, either.

INSTEAD
Sell the depreciated stock, claim the resulting tax loss as one deduction, then make a deductible cash gift to PENN Medicine with the proceeds.

For more information

Email us, complete the personal illustration form, or call us at 215-898-9486 so that we can assist you through every step of the process.