Gift by Check or Credit Card
Your gift by check or credit card is tax-deductible. Mercy will provide you with a letter acknowledging your generous support for tax purposes.
Gifts can be accepted online via our secure website or your gift can be mailed to us along with this donation form:
Mercy Health Foundation
301 St. Paul Place
Baltimore, MD 21202
Contact us to learn more.
Gift of Securities
Your gift of publicly held securities is greatly appreciated and may provide you with extra tax benefits. Your gift is valued at the mean price of the high and low trading price of the stock on the day your gift is transferred to the Mercy Health Foundation.
In general, donating appreciated securities is one of the best and easiest ways to give more. You can take an immediate tax deduction for the full market value of the stock and avoid capital gains tax you would owe by cashing in the securities.
For example, if you bought stock at $50 per share and it is now valued at $100 per share, you will avoid paying capital gains on the stock and also receive a tax deduction for the $100 per share price.
In general, if you have stock that has decreased in value, you will want to sell the stock first, so you can claim the capital loss.
Your broker or financial adviser can help you make the right decision.
View our transfer instructions on how to make a gift of securities or contact us directly for more information.
Currently, individuals 70½ or older are able to give directly from their IRAs rather than having to take a distribution that would trigger an income-tax bill. The rules allow you to save on taxes and, as a result, give more. Because a QCD reduces income and is not an itemized deduction, it even benefits investors who do not itemize. Please consult with your accountant for more information and to determine what is best for your situation. Mercy is not a tax advisor and information should not be considered tax advice.
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