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While many donors make cash gifts, a growing number are taking advantage of contributing gifts of long-term appreciated securities to support the goals and mission of Connecticut Children's Medical Center. These advantages include an income tax charitable deduction based on the market value of the security at the time of the gift, and avoidance of capital gains tax on the appreciated value of the securities. Instructions for Transferring Stock Gifts If your securities are held in a brokerage account, you can use electronic transfer. Electronic transfers usually take from one to three days. Please instruct your broker to transfer your securities to:
Bank of America Trust #1Please note, due to privacy laws, notifying Connecticut Children's Medical Center of your gift is critical to ensure proper recognition and tax receipt. Your broker should include your name with the sale information. When making a stock transfer or if you have questions regarding a stock gift, please contact: Maureen Moran LeBlanc
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