Donate a Gift of Appreciated Securities

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Stocks, mutual funds, bonds, or any other publicly traded securities can be transferred as gifts.

The Advantages of Making a Gift of Stock

  • The market value of a gift of stock and securities is tax-deductible, just like any other charitable contribution
  • Giving stock or securities has an additional tax advantage over a cash gift: you avoid capital gains tax on the appreciation of the asset
  • A gift of stock or securities could increase the value of your gift to Dana-Farber and the Jimmy Fund at a decreased cost to you (see the example below)

How to Make a Gift of Stock

To arrange a stock transfer, please contact:

Dana-Farber Cancer Institute
10 Brookline Place West, 6th Floor
Brookline, MA 02445
Phone: 617-632-3019

Please provide the following:

  • Name of the security
  • Number of shares for each security
  • Purpose(s) of the gift (that is, how to direct the funds)
  • Any special handling details (pledge payment, tribute, etc.)

Not communicating the above may lead to delays in identifying, crediting, and acknowledging your gift.

Shares may be transferred electronically to:

The Leland Group
Merrill Lynch, Pierce, Fenner & Smith Inc.
Attn: Vickie Curran
500 Cummings Center, Suite 1600
Beverly, MA 01915
Phone: 978-921-6729

  • DTC number: #8862
  • Account number: #5YF-02196 Dana-Farber Cancer Institute
  • Dana-Farber’s tax-exempt ID number: #04-2263040

For mutual fund transfers, please contact Vickie Curran at

Compare the following three ways you could give using a $10,000 gift as an example:

  Give a Cash Gift to Dana-Farber and the Jimmy Fund Sell Appreciated Stock and Give Proceeds to Dana-Farber and the Jimmy Fund Transfer a Gift of Appreciated Stock to Dana-Farber and the Jimmy Fund
Fair Market Value (FMV) of Gift $10,000 $10,000* $10,000*
Long-Term Capital Gains Tax 
($4,000 x 15%)
N/A $(600)
(Due to the IRS Tax on Appreciated Stock)
(Capital Gains Tax Savings)
Income Tax Savings**
($10,000 x 24%)
$2,400 $2,400 $2,400
Total Tax Savings (Capital Gains Tax Savings + Income Tax Savings) $2,400 $1,800 $3,000
Net Cost of a $10,000 Gift (FMV of Gift - Total Tax Savings) $7,600 $8,200 $7,000

*For which you paid $6,000 and have a $4,000 capital gain
**This example uses a 24% tax bracket

Always consult with your tax advisor for specific tax information when giving securities, as certain limitations to deductions may apply.

Are You a Financial Advisor?

If your clients are looking to make a gift of stock, please note Dana-Farber's tax ID number is 04-2263040. Please see our Resources for Advisors for more information.