Outright Gift of Appreciated Securities
Securities and mutual funds that have increased in value and been held for more than one year are one of the most popular assets to use when making a gift to New Mexico State University through the NMSU Foundation. Making a gift of securities or mutual funds to the NMSU Foundation offers you the chance to support our work while realizing important benefits for yourself.Watch How It Works
When you donate appreciated securities or mutual funds you have held more than one year to the NMSU Foundation in support of our mission, you can reduce or even eliminate federal capital gains taxes on the transfer. You may also be entitled to a federal income tax charitable deduction based on the fair market value of the securities at the time of the transfer.
Securities are most often used to support our work in the form of:
An outright gift. When you donate securities to the NMSU Foundation, you receive the same income tax savings that you would if you wrote NMSU a check, but with the added benefit of eliminating capital gains taxes on the transfer, which can be as high as 20 percent.
A transfer on death (TOD) account.* By placing a TOD designation on your brokerage or investment account, that account will be paid over to one or more persons or charities after your lifetime.
Click on the links below to see the additional ways to fund your gift:
- A gift in your will or living trust.
- A donor advised fund.
- A memorial gift.
- An endowed gift.
- A charitable remainder trust.
- A charitable lead trust.
*State laws govern payable on death accounts. Please consult with your bank representative or investment advisor if you are considering this gift.
- Contact Steven Covington at (575) 646-3190 or (800) 342-6678 or email@example.com for additional information on appreciated securities.
- Seek the advice of your financial or legal advisor.
- If you include the NMSU Foundation in your plans, please use our legal name and federal tax ID.
Legal Name: New Mexico State University Foundation, Inc.
Address: P.O. Box 3590, Las Cruces, NM 88003
Federal Tax ID Number: 85-0170157