Charitable transfer of stocks, bonds, and mutual funds

Many people who own stocks, bonds, or shares in mutual funds donate all or a portion of their investment to Friends House. The advantages of this approach:

• Get an immediate tax deduction.
• Avoid capital gains tax.
• We convert your stock or mutual fund shares to cash.
• We handle all the paperwork and record keeping.

For gifts of long-term appreciated securities, you will receive a tax deduction for the year in which the stocks are transferred and you will avoid the capital gain tax that would have applied had you sold them.

Forms and Further Information:

Charitable Transfer of Shares of Stock

Donor’s Letter to Stock Broker

Irrevocable Stock or Bond Power Form

Please contact:
    Karen Lehman, Executive Director
    Friends House Retirement Community
    17340 Quaker Lane
    Sandy Spring, MD 20860
    301.924.7528
    Email: klehman@friendshouse.com
for additional information