Appreciated Securities, Real Estate and Other Assets
Appreciated stocks and bonds are also a good asset to donate to the School because they can offer you, the donor, a greater tax benefit than an equivalent gift in cash. Almost any type of real estate may be donated: undeveloped property, farms, commercial buildings, vacation homes or your residence. You may even donate your principal or vacation residence while retaining lifetime use. Using appreciated securities entitles you to a charitable deduction for the fair market value of the donated asset, and you can avoid paying the capital gains tax you would pay if you sold the appreciated securities. This tax deduction may be up to 30 percent of your adjusted gross income, and any amount over this limit may be carried forward for five years.
If you have questions about making an outright gift of securities or mutual funds, please contact Linda McGill in the Johns Hopkins Office of Gift Planning, 410-516-7954 (toll-free: 1-800-548-1268) or email@example.com. If you have questions about making a gift of bonds, contact the Johns Hopkins Office of the Treasurer, 443-997-8120.