Securities and Mutual Funds as Donations
Receive a Tax Deduction for Using These as Gifts
Securities and mutual funds that have increased in value and been held for more than one year are one of the most popular assets to use when making a gift to your favorite MultiCare program or foundation. Making a gift of securities or mutual funds to us offers you the chance to support our patients and their families while realizing important benefits for yourself.
When you donate appreciated securities or mutual funds you have held more than one year to us, you can reduce or even eliminate federal capital gains taxes on the transfer. You may also be entitled to a federal income tax charitable deduction based on the fair market value of the securities at the time of the transfer.
Securities are most often used to support our work in the form of:
An outright gift. When you donate securities to your favorite MultiCare program or foundation, you receive the same income tax savings that you would if you wrote us a check, but with the added benefit of eliminating capital gains taxes on the transfer, which can be as high as 20 percent.
A transfer on death (TOD) account.* By placing a TOD designation on your brokerage or investment account, that account will be paid over to one or more persons or charities after your lifetime.
Click on the links below to see the additional ways to fund your gift:
- A gift in your will or living trust.
- A charitable gift annuity.
- A charitable remainder trust.
- A charitable lead trust.
- A memorial gift.
- An endowed gift.
- A donor advised fund.
*State laws govern payable on death accounts. Please consult with your bank representative or investment advisor if you are considering this gift.
Calculate Your Benefits
Submit a few details and see which gift is right for you.
Make Your Annual Gift Last Forever
Each year we rely on your gift, along with many others, to help us meet our goals and make a difference in the lives of others. To ensure that our programs and funding do not suffer, please take time now to consider leaving an endowed gift—a generous statement that will truly last forever.
|If your annual gift is:||Perpetuate it by giving:*|
*At a 4 percent endowment spending level, 25 times an annual gift amount equals an endowed perpetual gift.
Ready for Next Steps?
- Contact our gift planning team at 253-403-3093 or firstname.lastname@example.org for additional information on appreciated securities.
- Seek the advice of your financial or legal advisor. (Need an advisor? Look here for advisors familiar with MultiCare foundations and services.)
- If you include MultiCare in your plans, please refer to our sample bequest language and use our legal name and federal tax ID number.