Making a Gift of Stock

Your gift may qualify you for unique tax benefits including an income tax deduction for the full fair market value of the stock at the time of the gift. You may also avoid paying capital gains tax on the increased value of the stock. If you want to donate depreciated stock, it is generally best to sell the assets first and then donate the proceeds to Hospice of the Western Reserve (HWR). Please contact your tax adviser for information on the specific implications for your situation.

Remember, you should transfer the appreciated stock directly to Hospice of the Western Reserve before it is sold, in order to receive the maximum tax benefit.  If your broker holds the stock, instruct your broker in writing of the shares you wish to give to HWR and send a copy to HWR.  Be sure to include your name or the donor's name, address and phone number.

 To complete an ELECTRONIC TRANSFER of stock, your broker will need the direct transfer code (DTC) number and our account number. Please call HWR’s Development Office at 855.475.0245 for this information.

Making a Gift of Mutual Funds

To make a gift of mutual funds, please email WealthManagementServicesAssetTransfer@hungtington.com and provide the following information:

Name of the Donor

• Name of the Delivering Firm
• Delivering Account Number
• Cusip/Ticker
• Note that the gift is for the benefit of Hospice of the Western Reserve
• Advise Hospice of the Western Reserve of the gift by calling our Development Office at 855.475.0245.

Making a Cash Gift by Wire Transfer

To make a cash gift by wire transfer to Hospice of the Western Reserve, please call our Development Office at 855.475.0245 for the routing number and the account number you will need for the transfer.