Gifts of Securities
White Plains Hospital gratefully accepts gifts of appreciated securities. By giving securities, you can maximize the size of your charitable gifts, conserve cash you would have given, and enjoy multiple tax benefits.
Your charitable tax deduction is based on the appreciated value of your stock as long as you have held the stock for at least 12 months and one day. In addition, you pay no capital gains tax on gifts of stock to White Plains Hospital. A gift of closely held stock will give you the same advantages.
Securities Transfer Procedure
WPH Account No.: 501115985
DTC No.: 0015
Tax ID No.: 13-1740130
Firm: Morgan Stanley Smith Barney
Stock Broker: Ed Thomasco
To properly process your gift, please contact the White Plains Hospital Foundation office via mail, e-mail, fax or phone indicating:
- Your name and address
- Number of shares donated
- Date of donation
- Purpose (unrestricted gift or specific program)
- Name of securities