Gifts of Stock

Giving a gift of appreciated publicly – traded stock that you have owned for more than one year may provide greater tax benefits than giving cash. Your charitable income tax deduction is equal to the fair market value of the stock and you avoid paying the capital gains tax on the appreciated amount of the stock.

Your broker can assist you in making a gift of stock through a direct transfer of a specified number of shares into the Foundation Account at Legg Mason.

Foundation Account Information for Stock Transfers

Please inform the Foundation Office of stock transfers so that we can properly acknowledge your gift and forward information to you regarding your tax deduction. You may call the Foundation Office at (240) 826-6570.

All gifts received by Shady Grove Adventist Hospital Foundation benefit Shady Grove Adventist Hospital.