Securities

Securities

The Community Foundation accepts most securities as charitable gifts. Such gifts will be valued at the mean market value on the date of the gift.  After the security is liquidated, the remaining value of the gift is available to support your charitable goals.

  • Gifts of appreciated securities offer tax advantages, as their full fair market value is deductible as a charitable contribution up to 30% of your adjusted gross income each year when you itemize deductions.
  • Deduction amounts that exceed the limit can be carried forward for up to five additional years.
  • You do not have to pay federal or state capital gains taxes on the appreciated portion of the gift.

For electronic transfers:

1.  Prior to transferring shares, please contact Dotty Weston-Murphy at The Community Foundation and provide the following information:

  • Name of your broker and firm assisting with the transfer;
  • Stock name and number of shares;
  • How you would like this gift to be used (i.e., the fund or purpose to which the gift should be directed);

2.  Please advise us, directly or through your broker, when the stock transfer is complete.  Once the gift is received and processed by The Community Foundation, a gift acknowledgement letter will be sent to you.

3.  Click on the icon below to download instructions for completing an electronic transfer of securities.

  Stock Transfer Instructions 

If you have any questions, please contact Dotty Weston-Murphy at 203-777-7081 or via email.

For a paper certificate:

1.  Mail your unendorsed (not signed) certificates to The Foundation:

Dotty Weston-Murphy
Senior Vice President for Development and Donor Services
The Community Foundation for Greater New Haven
70 Audubon St.
New Haven, CT  06510

2.   Send us, in a separate envelope, a signed Irrevocable Stock/Bond Power Form (below). Click on the icon below to download the form. (Please do not mail the certificates and Irrevocable Stock/Bond form together, as the certificates would be negotiable.)

If you have any questions about paper certificates, please contact Dotty Weston-Murphy at 203-777-7081 or via email.


Address

70 Audubon Street
New Haven, CT 06510
Directions

Contact

203-777-2386
ContactUs@cfgnh.org

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