Donating Stock
At Science Central, we rely on donations to provide inspiring, hands-on STEM education, and we can’t do this without you. Every dollar you give will allow us to reach over 130,000 people a year through our programs occurring at Science Central and those occurring off-site.
Donating stock, securities and mutual fund shares is an effective way to help Science Central provide STEM education. Making this gift is simple and offers you valuable financial benefits:
- You can donate appreciated stocks, bonds or mutual funds
- The total value of the stock upon transfer is tax-deductible
- There is no obligation to pay any capital gains taxes on the appreciation
Valuation and Acknowledgment of Your Gift
The value of a gift of stock is based upon the mean between the high and low on the day you mailed your certificates or instructed your banker or broker to hold the securities. The gift is that mean price multiplied by the number of shared contributed to Science Central.
In accordance with Internal Revenue Service regulations, you will receive an acknowledgment letter to use for tax purposes. The letter will state the valuation of the gift at the time of transfer and confirm the designation (if there is one) of your gift.