Giving Stocks, Securities, and Mutual Funds

When you donate appreciated stocks, bonds, and mutual funds, you can avoid taxes on your capital gains while also taking an income tax deduction for the fair market value of the shares. To maximize these benefits, the IRS requires:

  1. Holding Period: You must have owned the asset for over one year.
  2. Direct Transfer to Groton School: Instead of selling the shares and giving the proceeds, transfer the shares directly to Groton School to avoid capital gains taxes. As a tax-exempt organization, Groton School will not owe taxes when it sells these shares.

Please inform us once you’ve instructed your broker to transfer the shares so we can coordinate accordingly.

Consult with Your Advisors

We encourage you to speak with your financial and tax advisors before making a gift. The IRS offers tax incentives for charitable giving, enabling you to support a cause you value while potentially reducing your tax burden.

Thank you for considering a generous gift to help sustain Groton School.

How Your Gift Helps

Your gifts to the Groton School help to foster Groton’s diverse and intimate community devoted to inspiring lives of character, learning, leadership, and service. It will provide Groton School with the resources to…

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Foster inclusion and inspire students to understand their strengths and capabilities. Help students and graduates value service as an essential element of a life well lived. Prepare students to excel at the highest levels in college, with a heightened self-awareness of their abilities and interests in multiple areas.