"As part of my giving to schools and other non-profits, I have increasingly used appreciated securities. The BB&N stock giving tool allowed me to do everything (including the calculation of what the value of the gift is today) to facilitate my gift of appreciated shares — once done I simply need to print out a signature page and pop it in the mail. Easy!"
— John Crocker '73
Consider these options to save on taxes while supporting BB&N.
Stocks & Bonds
Make a gift of publicly-traded securities to Buckingham Browne & Nichols School and potentially save income tax and capital gains tax, too.
A gift of publicly-traded securities could be right for you if:
- You own publicly-traded securities that you bought at least one year ago.
- Some of these securities have increased in value since you bought them.
- Some of these securities may provide you with little or no income.
- You would like to make a gift to Buckingham Browne & Nichols School.
How it works
- You transfer shares of one or more publicly-traded securities, such as stock, bonds, and mutual funds, to BB&N.
- The two most common ways to give publicly-traded securities are to make an outright gift of your securities, or to make a gift of your securities and receive payments for life.
- For information about how to transfer securities, visit our Ways to Give page or contact Meg Macri at mmacri@bbns.org or 617-800-2724.
Our online stock transfer tool can walk you through the process in less than 5 minutes.
A Gift from Your IRA
The IRA charitable rollover (also called a Qualified Charitable Distribution, or QCD) is a great way to make a tax-free gift to Buckingham Browne & Nichols School using a traditional or Roth IRA for donors who meet the criteria below. If you are not required to take an RMD but no longer itemize your deductions, then a QCD may be right for you as well.
How Do I Qualify?
The IRA charitable rollover (QCD) offers multiple benefits for making gifts from your traditional or Roth IRA.
- You must be 70 ½ years or older at the time of the gift.
- Gifts must go directly from your IRA to Buckingham Browne & Nichols School.
- Gifts must come from a traditional IRA or Roth IRA account.
- QCD gifts cannot exceed $100,000 per donor per year.
Benefits of a Gift through a Qualified Charitable Distribution (QCD)
- If you don’t itemize deductions and are not yet required to take your RMD, a QCD offers all of the benefits of an itemized income tax charitable deduction by reducing your taxable income.
- If you are age 73 or older and must take your RMD, a QCD can satisfy your RMD without increasing your income taxes.
- You may direct your QCD gift to a program or area of your choice at BB&N.
- A QCD gift is a wonderful tax-savvy way to create an immediate impact on Buckingham Browne & Nichols School.
How can I make a Qualified Charitable Distribution?
Contact your IRA administrator for their QCD distribution form and information on the procedure to make such a gift.
Our online QCD tool helps you fill out the necessary forms for your custodian and complete your IRA gift quickly and easily.