Taking Stock of Your Savings

Tax Day is just around the corner, and while you may be wrapping up your 2020 taxes, it’s never too early to start thinking ahead, and consider better ways to support our students: the next generation of leaders to improve health in our society.

Many ACPHS alumni and supporters are surprised to hear that by donating stocks to the College, they can make a powerful impact while gaining some financial benefits.

Why is stock giving so beneficial for you? When you cash out your stocks before donating, you have to pay capital gains tax. However, transferring directly to ACPHS allows you to give the full amount of that stock, making the donation much larger. The full amount of the stock is also eligible to be a deduction on your tax return. Essentially, gifts of stock are even more impactful than cash gifts, and allow you to avoid paying capital gains tax!

Your stock gift will turn curiosity into solutions and help to fuel patient care and research in this critical moment. If you’re planning on giving to ACPHS this year, this is one of the smartest, tax-savviest ways to support the future of healthcare and medicine.

Stock giving can seem confusing and complicated, which is why we want to share this free resource to make it simpler. It guides you through the simple process, fills out your documents for you, and even provides you with instructions on where to send them.