Gifts of Stock
Securities such as stocks and bonds can also be used to make charitable gifts to the Taubman Museum of Art. You are entitled to a charitable deduction (both income tax and estate or gift tax) equal to the mean trading value of the securities on the date of the gift. One of the principal benefits of a gift of securities is that any appreciation is exempt from capital gains taxes.
Transfer Stocks by Phone
Electronic transfer is the preferred and simplest method for stock transfer. First, notify the finance office at 540-204-4135, or email kgarvin[at]taubmanmuseum[dot]org. If this is not done prior to a transaction, the identity of the donor may be in jeopardy and the gift may not be received into our account properly. We will need the approximate number and value of shares you intend to give and whether you want the gift to be utilized for a special purpose.
Transfer Stocks by Mail
Stock certificates may be sent via certified mail to Kathryn Garvin, CFO, Taubman Museum of Art.
To send the certificates directly to the Taubman Museum of Art:
- A related stock power must be guaranteed by a bank officer or investment broker.
- Do not sign or write anything on the stock certificate itself.
- Place the certificate and the stock power in separate envelopes to ensure security.
Send certificates to:Kathryn Garvin
Taubman Museum of Art
110 Salem Avenue SE
Roanoke, VA 24011
All donations and planned gifts to the Taubman Museum of Art are 100% tax deductible.