Gifts of stock
Gifts of appreciated securities and closely
held stock can
be extremely beneficial—both to you and to MIT.
These gifts can help you diversify your assets and minimize capital
gains taxes. Some donors are surprised to learn that gifts of closely
held stock can create the same tax benefits as shares in publicly traded
companies.
As with other kinds of gifts, gifts of stock can be directed
to any area of the Institute.
Note that it is also possible to make a gift using shares of mutual
funds—if you plan ahead. The benefits are similar to when you
make a gift of appreciated securities, but the process generally takes
much longer. You should allow four to six weeks for the transaction to
be processed. In other words, if you are considering a year-end gift
of mutual funds, the transfer should begin no later than November.
Questions about gifts of stock or mutual funds can be directed to the MIT Office
of the Recording Secretary, at 617.253.5052 or stock-gifts@mit.edu.
Or feel free to contact us. |
