Appreciated stock, held for at least one year and a day, can be a wise choice when deciding to make a gift to Kettering University. When you give appreciated stock to Kettering University, no capital gains tax is due on the appreciation and the full value of the stock immediately helps Kettering students. And, when you itemize, you can deduct the full value of the stock, even though you did not pay capital gains tax on the appreciation. So, if you have the opportunity to choose between making a gift of cash and a gift of appreciated stock, a gift of stock may be a better choice since you will avoid the capital gains tax that would be due if you sold the stock.
Donating appreciated stock and securities can help build the state-of-the art Learning Commons, create a student scholarship to help offset tuition, strengthen our pre-college programs, and more. Kettering University’s Office of Gift Planning is available to assist you with arranging the transfer to the University that will help smart young people meet their objective for a brighter future – a Kettering degree.
IMPORTANT: The University is working with a new financial services firm. Please contact us toll free at (800) 955-4464 or firstname.lastname@example.org so that we can ensure your stock donation is transferred smoothly to the University. As we head into the holiday season, we remind you to allow five business days for your stock donation to transfer to the University’s account.