Giving Appreciated Stock Can Benefit Donors and Samford

Published on November 29, 2017 by William Nunnelley  
Reid Chapel from the quad

The U.S. stock markets are at all-time highs. One of the advantages of owning stocks is that they can work for you in a way you may not have considered. When you make a gift of an appreciated stock to a qualified charity such as Samford University, you can benefit in several ways, says Randy Pittman, Samford’s vice president for university advancement. 

He listed the following benefits of giving appreciated stock: 

* Donors can receive an income tax deduction for the full current value of the transferred stock. 

* They can avoid capital gains tax, regardless of how much the stock has appreciated. 

* They can avoid the healthcare tax on net investment income. 

“If you own stock that has grown in value and wish to sell and are looking for a way to avoid owing capital gains tax, consider making a gift of your stock to help further Samford’s mission,” said Pittman. “Your gift could have a big impact on the university’s ability to help students succeed.” 

Many donors make such gifts as the end of the year nears in order to realize their tax benefits during the current year, he noted. He also encourages donors to discuss this with a financial advisor and a tax professional before making the gift. 

For assistance in making a stock transfer, contact the Samford Office of Advancement at 205- 726-4266 or 205-726-2366.


ABOUT SAMFORD UNIVERSITY -- Samford University is a premier nationally ranked Christian university. Founded in 1841, Samford is the 87th oldest institution of higher education in the United States. U.S. News & World Report ranks Samford 3rd among regional universities in the South, and Samford is recognized as the top-ranked university in the state of Alabama in national rankings published by Forbes Inc, The Economist and The Wall Street Journal. Samford enrolls 5,509 students from 45 states and 30 countries in its 10 academic units: arts, arts and sciences, business, divinity, education, health professions, law, nursing, pharmacy, and public health. Samford also fields 17 NCAA Division I teams that compete in the tradition-rich Southern Conference.