A simple, tax-friendly way to support Thomas Aquinas College is with a gift of appreciated securities — stocks, bonds, mutual funds, non-marketable stocks, and closely held stocks.
If you donate the security itself directly to the College’s stock account, the College will benefit from your generosity, and you will save on your taxes twice over: You will pay no capital gains tax, and you will receive a tax deduction for the current market value of the security. That value could be significantly higher than its cost basis.
If instead you liquidate the securities and then send the proceeds to the College, the sale will be considered taxable income.
To make a gift of securities to Thomas Aquinas College, complete this downloadable form, which authorizes your broker to transfer stock to the College’s account at Morgan Stanley.
Or contact Karim Obagi, executive director of development, by phone (805-421-5928) or e-mail. Thank you!