Donating securities to the Grays Harbor College Foundation is a powerful and tax-efficient way to support our mission. By contributing stocks, bonds, or mutual funds, you can make a significant impact on our students and programs while benefiting from potential tax advantages.
Gifts of securities offer several benefits:
- Tax Advantages: When you donate appreciated securities held for more than one year, you can avoid paying capital gains tax on the appreciation. Additionally, you may receive a charitable deduction for the full fair market value of the securities on the date of the gift.
- Support Our Mission: Your donation helps us provide scholarships, support academic programs, and enhance facilities, directly benefiting students and the Grays Harbor College community.
- No Out-of-Pocket Cost: Donating securities allows you to contribute without affecting your cash flow or incurring additional expenses.
How to Make a Gift of Securities
- Consult Your Financial Advisor: Before making a gift of securities, it’s a good idea to consult with your financial advisor or tax professional to understand the tax implications and ensure that the gift aligns with your financial goals.
- Contact Us: Reach out to the Grays Harbor College Foundation at 360.538.4024 or foundation@ghc.edu to inform us of your intent to make a securities donation. We will provide you with the necessary details and instructions for transferring the securities.
- Transfer the Securities: Provide your broker or financial institution with the details we provide.
- Verify the Transfer: Once the transfer is complete, we will acknowledge your gift and provide you with a receipt for tax purposes.
Designate Your Gift
If you have specific preferences for how your gift should be used, please let us know. You can choose to support particular programs, scholarships, or areas of need within the College.
We’re Here to Help
For more information or assistance with making a gift of securities, please contact us at 360.538.4024 or foundation@ghc.edu. We are here to help ensure that your contribution is processed smoothly and aligns with your philanthropic goals.