Gifts of cash or securities allow the donor to receive a full tax deduction in the year the gift is made. When appreciated securities are used, the donor receives credit for the current market value of the stock and avoids paying capital gains tax.

Writing a check to The College of Wooster is the most common method of giving. If you file an itemized federal income tax return, your gift may be deducted up to 50 percent of your adjusted gross income. Gifts that exceed the 50 percent limit in any given year can be carried forward for five additional years.

Gifts of appreciated capital assets - securities, real estate, personal property - save taxes twice. The market value of the assets is deductible up to 30 percent of your adjusted gross income, but by transferring the assets to Wooster rather than selling them, you avoid payment of a capital gains tax on the appreciation. If you have appreciated assets, consider transferring a portion of them to Wooster rather than writing a check. You can save twice.

Advantages:

Charitable tax deduction for full fair market value of gift
No capital gains tax for securities held long-term
Wooster receives gift for immediate use

Please mail your gift to:

Development Office
Gault Alumni Center
The College of Wooster
1012 Beall Avenue
Wooster OH 44691-2363

How to Transfer Stock

» Transfer Securities Electronically

» Instructions for Transfer of a Stock Certificate

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