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Donating Stock, the Easy Way to Give. -Here's How

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To make a secure online donation,
click Donate Now.

For more information on other ways to give to Spectrum Generations, please call 1-800-639-1553.

 

 

 

 

 

 

 

 

 

Giving Stock to Support Spectrum Generations

A charitable gift of appreciated stock provides an opportunity for tax savings while generously supporting the programs and services of Spectrum Generations.

Please consider a donation today!

newspaper stock listing held down by coffee cup

How to donate stock to Spectrum Generations

There are distinct advantages for the donor to donate stock rather than selling the stock and then donating cash.

If you have stock or mutual funds that have substantially appreciated in value over the years then a gift of stock, rather than selling your shares and donating cash, has substantial tax advantages.

If you sell the stock you have to pay capital gains tax. If you donate the shares there is no tax on the gain in value but you can take the full current value tax deduction for the donation.

It’s easy to donate stock: Call your broker and authorize a transfer to Spectrum Generations. Have the broker call Janet Milley at TD Banknorth at 974-2230 and tell Janet how many shares and the name of the company. Janet will give your broker a DTC number and that is all there is to it. The stock will be transferred to Spectrum Generations and you get full value for your donation.

Thank you for your support!