Making a Gift to the Sesquicentennial Campaign

Gifts of Appreciated Securities:
Giving long-term appreciated securities to Manhattan provides two income tax benefits: no tax is imposed on the appreciated portion of the gift (the capital gains), and the donor will receive a charitable deduction based on the stock's fair market value. Because the donor can bypass the capital gains tax, it is usually more adventageous to contribute appreciated securities directly to the College rather than selling the securities and giving the proceeds of the sale.