Outright Gift of Appreciated Securities
Receive a Tax Deduction for Using These as Gifts
Securities and mutual funds that have increased in value and been held for more than one year are one of the most popular assets to use when making a gift to The Kinkaid School. Making a gift of securities or mutual funds to us offers you the chance to support our work while realizing important benefits for yourself.
When you donate appreciated securities or mutual funds you have held more than one year to us in support of our mission, you can reduce or even eliminate federal capital gains taxes on the transfer. You are also entitled to a federal income tax charitable deduction based on the fair market value of the securities at the time of the transfer.
To transfer a gift of appreciated securities to The Kinkaid School, please send to: Wells Fargo Advisors, Brokerage Account 4376-9492 DTC account 141.
Securities are most often used to support our work in the form of:
An outright gift. When you donate securities to Kinkaid, you receive the same income tax savings that you would if you wrote us a check, but with the added benefit of eliminating capital gains taxes on the transfer, which can be as high as 20 percent.
A transfer on death (TOD) account.* By placing a TOD designation on your brokerage or investment account, that account will be paid over to one or more persons or charities after your lifetime.
Click on the links below to see the additional ways to fund your gift:
- A gift in your will or living trust.
- A donor advised fund.
- A memorial gift.
- An endowed gift.
- A charitable gift annuity.
- A charitable remainder trust.
- A charitable lead trust.
*State laws govern payable on death accounts. Please consult with your bank representative or investment advisor if you are considering this gift.
- Contact Lisa Wood at 713-243-5023 or firstname.lastname@example.org for additional information on appreciated securities.
- Seek the advice of your financial or legal advisor.
- If you include Kinkaid in your plans, please use our legal name and federal tax ID.
Legal Name: The Kinkaid School
Address: Houston, TX
Federal Tax ID Number: 76-0295523
Margaret Hunter Kinkaid Society
The Margaret Hunter Kinkaid Society was founded in 1997 to preserve Kinkaid's future. It was established in honor of Kinkaid's founder and first head of school. The Society recognizes and thanks those who have created provisions in their wills or estate plans to benefit Kinkaid and have informed the School of their commitments.
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.