Stock and Appreciated Securities

By donating publicly traded securities to the Silver Cross Foundation, you eliminate the capital gains tax that you’d have to pay if you sold the securities and then donated the proceeds.

You’ll receive a tax deduction for the full fair market value of the stock at the time of transfer. The tax deduction limit for gifting stock to Silver Cross is up to 30% of your adjusted gross income. If your donation exceeds this limit, you can carry the excess deduction forward for up to five years. 

You’ll also receive a charitable tax receipt for your donation.

Securities can include:

  • Stocks
  • Mutual funds
  • Segregated funds
  • Bonds
  • Flow-through shares
  • And employee stock options.

You can give now, or as part of your estate and will planning.

Giving is simple. Consult your financial advisor to decide which investments make the most financial and philanthropic impact. Then ask your broker to transfer your securities to the Silver Cross Foundation. You will need the Silver Cross Foundation’s account information for the transfer. Call (815) 300-7105 or email silvercrossfoundation@silvercross.org. 

You can also designate the area that you would like your gift of stock to support. There are several funds for you to choose.

Physicians on Silver Cross Hospital’s Medical Staff have expertise in their areas of practice to meet the needs of patients seeking their care. These physicians are independent practitioners on the Medical Staff and are not the agents or employees of Silver Cross Hospital. They treat patients based upon their independent medical judgment and they bill patients separately for their services.