Are stock donations to charity tax deductible?
Appreciated securities are investments that have increased in value from the time they were purchased. Some individuals and households may be able to take advantage of IRS tax provisions to claim a charitable tax deduction for the full, fair market value of the securities, and you may avoid paying capital gains tax on the transfer.
Instead of selling your investments and donating the after-tax cash proceeds, donating stock to a charity like St. Jude Children's Research Hospital allows you to increase your gift and tax deductions. A gift of stock made before December 31 of a calendar year may reduce your tax burden for the year you give. Your financial advisor can explain the possible tax benefits depending on whether the stock has appreciated or lost value since the time you acquired it.
Can I make a charity like St. Jude the beneficiary of stock in my will?
Yes, you can donate stock as part of your legacy. If you plan to make a bequest of stock to a non-profit like St. Jude, consult an estate planning attorney. Learn more about legacy giving at St. Jude.
ALSAC/St. Jude Children’s Research Hospital does not provide tax, legal or accounting advice. This material is prepared and made available to you for informational purposes only and is not intended to provide or be relied upon for tax, legal or accounting advice. You should always consult a tax professional to determine your particular tax benefits that may result from any particular type of gift to charity.
- Choose what type of stock and how many shares you want to donate.
- Gather account information and wiring instructions for St. Jude.
- Download and fill out the Stock Transfer Form for St. Jude
- Contact your financial institution to request the transfer.
- Contact us to inform us of your gift.
- Look for a tax receipt and acknowledgement letter from St. Jude to ensure your gift was processed.
- Report the stock donation when you file your tax return. Access our tax information.
Why donate stock to St. Jude?
Families never receive a bill for treatment, travel, housing or food — so they can focus on helping their child live.
When St. Jude opened in 1962, childhood cancer was considered incurable. Since then, St. Jude has helped push the overall survival rate from 20% to more than 80%, and we won't stop until no child dies from cancer.
Every child deserves a chance to live their best life and celebrate every moment. When you support St. Jude, you help give kids with cancer around the world that chance. Together, we can save more lives.
Tax ID Number:
We are a tax-exempt, charitable institution listed in the Federal Internal Revenue Service Publication #78, "Cumulative List of Organizations," revised IRS Code 501(c)(3).
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Our Gift Planning department has a representative in your area who can provide further information or help you prepare the right questions to ask your financial advisor to determine if stock or another type of planned gift is right for you. Email firstname.lastname@example.org, call (800) 395-1087, or fill out the form below, and a St. Jude representative will contact you.