A gift of stocks, bonds, or mutual fund shares held longer than one year is tax deductible at the full present fair market value. By giving stocks or bonds worth more than their cost, you avoid the tax on capital gains that would be incurred if you sold the securities. We encourage you to contact your personal tax advisor to discuss the benefits of gifting stocks, bonds and mutual funds.

Under current IRS regulations, appreciated stock is valued for gift purposes at the mean of the high and low trading prices on the date of the gift, multiplied by the number of shares given.

For bonds, the gift value is the mean of the highest and lowest selling prices on the date of the gift.

For mutual fund shares, the gift value is the last public redemption price or bid quoted on the date of the gift.

For more instructions on how to make a gift of stocks, bonds or mutual funds please e-mail development@wells.edu or call the Development Office at (315) 364-3414.

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