Gifts of Securities and Real Estate

Securities

By contributing appreciated long-term securities, stocks or bonds that are now worth more than their tax cost, you can make a gift whose value exceeds its original cost. The donor assigns the securities to Temple University, which then sells them. The donor receives a tax deduction based on the value of the securities on the date of transfer. The Maurice H. Kornberg School of Dentistry receives the cash and the donor benefits through a significant tax savings. Not only can the donor deduct the full market value of the securities, but he/she also avoids paying capital gains tax on the appreciation. If the deduction is larger than can be used in one year, the donor can assign the surplus as deductions for up to five additional years.

Real Estate

Subject to the approval of the University a donor can contribute real estate. Although there are important tax implications that must be reviewed carefully by the donor's legal or tax counsel, both the giver and the Dental School can obtain important gains. All gifts of real property are handled on a case-by-case basis. A qualified appraisal of the property will be requested. It is assumed that Temple will not necessarily hold on to the real estate; rather, it will be sold, as the University would follow through with securities. Capital gains considerations will be discussed according to specific federal and state guidelines.

To transfer a gift of securities or real estate to The Maurice H. Kornberg School of Dentistry, contact:

Jennifer E. Jordan
Director of Development and Alumni Relations
Office: 215-707-7887
Email: jejordan@temple.edu