Goodwin College Foundation

Gifts of Stock

The Goodwin College Foundation accepts gift of stock. If you own securities in a brokerage account, we can help you set up an electronic transfer of the shares.

Giving appreciated stock could be more beneficial than giving cash.

A gift of appreciated stock may provide significant tax benefits for donors, especially if transferred directly to the Goodwin College Foundation. Assuming you are giving long-term (owned for 12 months or more) appreciated securities, you will receive a charitable income tax deduction equal to the fair market value of the shares. For common stock, this is typically the mean value on the date that we take control of the shares you give. You will pay no capital gains tax. Gifts of stocks are deductible up to 30% of your adjusted gross income the year you make your gift. Any excess amount can be rolled over into the next tax year, for up to five additional tax years if needed.

If you have marketable securities/stocks that have grown in value, tax laws make it possible for you to make a significant gift to the college with remarkably low after-tax cost. A gift of appreciated stock qualifies for an immediate tax deduction, avoids long-term capital gains tax and helps Goodwin College support the needs of its current and future students.