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If you are interested in supporting Cedar Community with a gift from your estate, a bequest may be the right tool for you. A bequest is a gift made through your will or trust. It is one of the most popular and flexible ways you can leave your legacy of compassion and caring.
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Donating appreciated securities, including stocks or bonds, is an easy and tax-effective way for you to make a gift to Cedar Community.
By electronic transfer - Please contact us for instructions on how you can transfer stock or bonds from your brokerage or investment account to Cedar Community.
By certified mail - If you hold securities in certificate form, you will need to mail two envelopes separately to complete your gift. In the first envelope, place the unsigned stock certificate(s). In the other envelope, include a signed stock power for each certificate. You may obtain this power from your broker or bank. Please remember to use certified mail.
There are special rules for valuing a gift of stock. The value of a charitable gift of stock is determined by taking the mean between the high and low stock price on the date of the gift. Mutual fund shares are valued using the closing price for the fund on the date of the gift.
If you have any questions about gifts of stocks and bonds, please contact us. It would be our pleasure to help and to answer any questions that you have.
