Support KnoxSupport Knox

Gift Planning

Contact

Scott Park

Assistant Vice President for Legacy Gifts

Office of Advancement

2 East South Street

Galesburg, IL

61401-4999

309-341-7459

sapark@knox.edu

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Gifts of Appreciated Securities

Gifts of Appreciated Securities Diagram

How It Works

  1. You can send unendorsed stock certificates by registered mail or instruct your broker to make the transfer from your account to our account
  2. You receive an income-tax deduction
  3. Knox may keep or sell the securities

Benefits

  • You receive a federal income-tax deduction for the full fair-market value of the securities
  • You avoid long-term capital-gain tax on any appreciation in the value of the stock
  • Your gift will support Knox as you designate

Special note: You should call or e-mail us to tell us of your intent, and we will be able to assist you with the details of the transfer.

Next Steps

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