Make a Gift of Stock
The Cain Family, from the collections of Maine Historical Society on www.mainememory.net
Does your investment portfolio include highly appreciated stock or mutual fund shares?
A gift of stock is one way to make a significant contribution at a reduced cost to you. Gifts of appreciated securities held longer than one year are exempt from capital gains taxes and entitle the donor to a tax deduction for the full market value of securities at the time of transfer.
Donating shares of stock to Maine Historical Society is easy. Please notify the Development Office of the type of stock and number of shares that you wish to give, as well as how the funds should be directed (Annual Fund, Friends of the Collection, pledge payment, tribute, endowment fund, etc.). We will provide you with the information you and your broker will need to initiate the transfer.
To avoid exposure to capital gains tax, please remember that ownership of the stock must be transferred to Maine Historical Society prior to the sale of the stock.
You will receive an acknowledgment with all pertinent tax information within a week of donating your stock. The Maine Historical Society is a not for profit organization, and your gift is tax deductible.
For more information, please contact the Development Office at (207) 774-1822, ext. 203 or email info@mainehistory.org.