Gifts of Stock and Securities

Making a gift of stock or securities is a great way to support Free Press or the Free Press Action Fund. Using securities to make such a gift allows you to liquidate a stock or mutual fund and retain your cash for other purposes. If you are considering making a gift using securities, please start by contacting Amy Altwarg Clough at 413-585-1533, ext. 504, or by email.

Tips

If you direct your gift of stock or securities to Free Press, you can double your tax benefits in at least two ways (we recommend you check with your tax adviser on the applicability of these tax benefits):

  1. Through a charitable deduction that reduces your taxes on other income; and
  2. By eliminating the capital gains tax you would otherwise have to pay on any increase in a stock’s value since your initial purchase.

TOOLS:

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Massachusetts Office: 40 Main St., Suite 301, Florence, MA 01062 – Ph 877.888.1533 – Fax 413.585.8904
Washington Office: 501 Third St. NW, Suite 875, Washington, D.C. 20001 – Ph 202.265.1490 – Fax 202.265.1489