If you own appreciated securities that have been held for more than 12 months, you can benefit two ways by making a gift of stock to Far Hills. First, you will be able to claim a charitable income tax deduction for the gift's full value. Second, you will avoid capital gains tax on the amount of appreciation that would have been due if you had sold the shares yourself.
If you choose to make a stock gift to Far Hills, please contact the Development Office at 908-766-0622 ext. 1460 to let us know of your intentions to transfer stock or for any assistance. You will need to let us know the number and issuer of shares donated and the date of the transfer. Please instruct your broker/banker to transfer the securities to the school's brokerage account using the information below:
100 Campus Drive
Florham Park, NJ 07932
Phone: 973-301-6350 or 973-301-7609
DTC: 8862 / Account number: 438-04M25