Covenant Hospice has earned The Joint Commission’s Gold Seal of Approval™.

 

Administrative Office
5041 N. 12th Avenue
Pensacola, FL 32504
(850) 433-2155

 
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Gifts of Stock and Appreciated Assets

Gift of Appreciated Securities Diagram
Covenant Hospice

How It Works

  • You transfer appreciated stocks, bonds, or mutual fund shares you have owned for more than one year to Covenant Hospice.
  • Covenant sells your securities and uses the proceeds for its programs.
  • You can use our Stock Transfer Form to facilitate the gift.

Benefits

  • You receive an immediate income tax deduction for the fair market value of the securities on the date of transfer, no matter what you originally paid for them.
  • You pay no capital gains tax on the transfer when the stock is sold.
  • Giving appreciated stock could be more beneficial than giving cash.

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