How to: Gift of appreciated stock

How to make a gift of appreciated stock

  1. For specific instructions on how to transfer stock and mutual funds to TMI please contact Trevor Guzman, Vice President of Frost Wealth Advisors, at trevor.guzman@frostbank.com and Valerie Tamez, Director of Advancement, at TMI at advancement@tmi-sa.org. 
      
  2. TMI will send you an acknowledgement and a receipt for your gift, based on the average of the high and low value of the shares on the date TMI received them.

  3. You receive an income tax deduction for the full market value of your shares and avoid all the capital gains tax that you would have owed had you sold them.

Two important things to remember about gifts of stock:

  1. If the stock is worth more than you paid for it, be sure to transfer the stock to TMI first.

  2. If the stock has gone down since you bought it, sell it first to generate a tax deductible loss, and then make a gift of the cash.

Have Questions?

For more information on ways to give to TMI or to find out how you can submit your gift to TMI, please contact our Advancement Department, at advancement@tmi-sa.org.

Please remember that when making a financial decision, you should always seek the opinion of your professional tax adviser or legal counsel.
 

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MISSION: TMI provides an exceptional education with values based on the teachings of Jesus Christ that challenge motivated students to develop their full potential in service and leadership.

NOTICE OF NONDISCRIMINATORY POLICY AS TO STUDENTS
TMI Episcopal admits students of any race, color, national and ethnic origin, sex, religion, and physical ability to all the rights, privileges, programs, and activities generally accorded or made available to students at the school. The school does not discriminate on the basis of race, color, national and ethnic origin, sex, religion, and physical ability in administration of its educational policies, admissions policies, scholarship and financial aid programs, and athletic and other school-administered programs.
TMI Episcopal
20955 W. Tejas Trail
San Antonio TX 78257
phone (210) 698-7171
fax (210) 698-0715