Outright Gifts

Outright Gifts can be made in the following ways:

Cash: A gift of cash, generally made by check, is the most common way of supporting the Center.  A cash gift is tax deductible as allowed by law.

Securities: A gift of securities is especially advantageous if the stock has been held long-term (at least one year and one day).  Then, the fair market value (based on the mean price on the date of the gift) is tax deductible, and the capital gain is not taxed.  Mutual funds (held longer than 12 months) are also deductible at full fair market value.  This is also true for gifts of closely-held stock.  Mutual funds and closely-held stock require special transfer procedures that should be discussed with the Development Office in advance. 

Real Estate and Personal Property: Personal residence or other real property, life insurance, retirement plans, patents, copyrights, royalties, or other tangible personal property may be considered for outright gifts.  Each qualifies for an income tax deduction, but each has special rules for placing a value on the gift.  If you are interested in making a gift using an asset of this type, please contact the Development Office first to determine if Joslin can accept it.

To learn about other ways to give, please click here.