About gifts of stocks, securities, & mutual funds
Many people choose to give stocks, securities, or mutual funds instead of gifts of cash. Giving appreciated assets like these help you avoid paying capital gains taxes, and can give you an income tax deduction for the full value of the gift, if you’ve had the assets for more than one year.
Give appreciated assets now and enjoy the benefits, or add us as a beneficiary of these assets and eliminate estate and inheritance tax, making the most of your gift.
Benefits
- Gifts of assets can often save you far more on taxes than gifts of cash
- Avoid all capital gains taxes
- Receive an income tax deduction for the value of the assets (if you’ve had them for more than a year)
- Make an immediate impact on our mission
How it works
- Use this tool to transfer appreciated securities directly to us (and avoid all capital gains taxes).
- Receive a tax receipt for the value of the assets.
- The securities are sold and the funds put directly to use for greatest impact.
Don’t wait to make an impact, donate stock today
This easy-to-use, secure online tool makes donating stock simple for our supporters.
When you donate appreciated stocks to Bard, you avoid the capital gains tax you would have paid if you sold the asset. If you have owned the securities for longer than twelve months, you also receive an income tax charitable deduction for their full fair-market value. These tax savings – both in income and capital gains taxes – make gifts of securities a popular alternative to cash.
If you wish to maintain a particular stock in your portfolio, consider giving Bard the stock and using the cash you would have donated to purchase the same securities in the open market. The newly acquired shares will then carry the current market value as their cost basis, an easy way to reduce future capital gains tax liability.
To make a gift of stock please instruct your broker or bank officer to arrange for the transfer of securities electronically to Bard’s account at RBC Wealth Management. The information is as follows:
RBC Wealth Management
DTC number: 0235
ACCT name: Bard College
Tax ID#: 14-1713034
ACCT Number: 328-69000
Memo: (purpose of gift) Please include the name of Securities and number of shares.
In order to ensure proper crediting of your gift… You must email, fax or mail a copy of the instructions you send to your broker or bank officer along with any special instructions regarding the purpose of the gift to Bard College. Our broker is unable to provide us with donor information.
Email: giftrecorder@bard.edu
Fax: 845-758-4294
Bard College
Attn: Gift Recorder Office of Development
PO Box 5000 Annandale-on-Hudson, NY 12504-5000.
Please contact our Gift Recorder at (845) 758-7861, or by email to giftrecorder@bard.edu or Robert Laity at (845) 758-7315, email at laity@bard.edu in the Office of Development if you have any questions.
We’re here to help you meet your goals!
Our team would be happy to speak with you in confidence about your giving goals, with no obligation.
Name: Debra Pemstein
Title :Vice President of Development & Alumni/ae Affairs
Phone: 845-758-7405
Email: pemstein@bard.edu
Already included us in your estate plan? Let us know
More ways to make an impact
Gifts in a will or trust
Donations in your will or trust are (by far) the most popular type of planned gift. Learn more, or get help starting your will (for free!).
Beneficiary designations
Gifting assets not covered by your will — like 401(k) or IRA accounts — may help your heirs avoid unwanted taxes, even if you’re below the estate tax threshold.
Gifts that pay you back
Give assets while providing yourself or others with income for a period of time or distributions at a later date.