It may well be advantageous to you to make your gift to MSRI in appreciated stock instead of cash. By gifting the stock to MSRI (instead of selling it, and contributing the cash) you do not pay capital gains tax on its appreciation.
If you exceed your annual giving limit (typically up to 30% of your annual adjusted gross income when using fair market valuation or 50% if using cost basis) - you may carry forward and deduct the excess contribution for up to five years until it has been fully deducted.
It's easy to make a stock gift to MSRI. You can instruct your broker to transfer the shares directly. Just download, print and complete the attached form for stock transfers.
MATHEMATICAL SCIENCES RESEARCH INSTITUTE(MSRI) DEVELOPMENT DEPARTMENTSecurities Transfer FormSecurities can be transferred directly from your brokerage account to MSRI's account.Please print and complete this form and send it to your broker, with a copy by fax to Mr. Jim SotirosFax:(510) 642-8609.Date: ________________TO: __________________ (broker's name)______________________ (Firm's name______________________ (Firm's phone number)Please accept this letter as your authorization to irrevocably transfer(Name of stocks, number of shares):____________________________________________In the name of(Holder of securities and all names on the account):____________________________________________For the benefit of Mathematical Sciences Research InstituteAccount Information:Credit Suisse / First BostonA/C 219-277498DTC No. 0443Contact: John L. Sullivan415-249-2281Gift Designation:______________________(If none, unrestricted operating account will be assumed)Sign your name:______________________Print your name:______________________Your phone______________________
MSRI Development and Alumni Relations web pages are not intended as tax advice.
Know that individual financial circumstances require specific professional guidance. Please contact your legal and financial advisors to see how these general issues apply to you.