Transferring stock or securities is an excellent way to fight cancer by supporting the lifesaving mission of Dana-Farber Cancer Institute and the Jimmy Fund.
A gift of stock or securities may provide significant benefits, such as:
- Increased value of your gift to Dana-Farber and the Jimmy Fund and decreased cost to you
- A charitable income tax deduction for the full fair market value of the gifted stock or securities
- Elimination of capital gains tax that would ordinarily occur if you sold appreciated stock or securities on the open market and then gave the proceeds of the sale to Dana-Farber and the Jimmy Fund
Please let us know the type of stock or securities (public stock, mutual funds, bonds, privately-held stock, or similar instruments) and the number of shares that you wish to give, as well as how the funds should be directed (the area of greatest need, a specific disease area, as a tribute or pledge payment, etc.).
We will provide you with the information that you and your broker will need to initiate the transfer. Donors should consult with their tax advisors for specific tax information when giving securities, as certain limitations to deductions may apply.
Contact information:Sophia Diamond, Financial Analyst