Gifts of Securities
  • Gifts of Securities 

    "Never respect men merely for their riches, but rather for their philanthropy; we do not value the sun its height, but for its use." - Gamaliel Bailey

    Gifts of appreciated securities may offer you significant tax savings. These include the elimination or reduction of the tax normally paid on capital gain and a current income-tax deduction equal to the full fair market value of the securities (deductible up to 30 percent of the donor’s adjusted gross income). *

    How it works  

    1. You transfer securities to the Friends of St. John’s Hospital.
    2. The Foundation sells your securities and uses the proceeds for its programs. 

    Benefits

    • You receive gift credit and an immediate income tax deduction for the fair market value of the securities on the date of transfer, no matter what you originally paid for them
    • You pay no capital gains tax on the securities you donate
    • You can direct your gift to a specific fund or purpose
    • You can have the satisfaction of making a significant gift now or funding a life-income gift that benefits St. John’s Hospital later 

    For more information

    For more information on how to transfer securities, please email or call the Friends of St. John's at (217) 544-6464, ext. 45160.

    * The information contained in this website is for informational purposes. You should seek advice from your personal legal or tax advisor to determine your individual tax benefits.