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Gifts of Appreciated Securities

Giving stock or bonds is usually more advantageous than giving cash.

If you give appreciated securities held longer than one year, you can deduct their full fair market value, regardless of what you originally paid for them. Your total deduction is limited to 30% of your adjusted gross income in any year, but you can take any unused deduction over five succeeding tax years. And, you pay no capital gains tax on the donated securities! With these tax savings, the actual cost of your gift is less than if you made a cash gift. 

NVRH is able to accept donations of stock either through electronic transfer of shares (see below for digital transfer codes and account numbers) or through the process of signing over stock certificates to NVR Corp. 

 How to Make an Electronic Transfer of Stock or other securities:

STEP 1: Contact NVRH
Please notify Emily Hutchison at NVRH via phone at 802-748-7476 or with your intent to make an electronic gift of stock or securities.  Your name may not be attached to the shares transferred to NVRH, and we want to ensure that your gift is properly credited, acknowledged, and used as you intend. 

STEP 2: Contact Your Broker/Advisor
A. Provide the following information to your financial advisor so that he/she can make the transfer:

    • DTC Eligible Securities
    • DTC Participant Number: 2116
    • Receiving Acct# (at Fifth Third Bank) 01010036592596
    • Acct Name: Passumpsic Financial Advisors
    • Agent Bank # 10016
    • FFC:  NVRH-Donor (insert donor name)

B. Ask your financial advisor to send the following info to

    • Date of Transfer to Passumpsic Financial Advisors
    • Stock/Security Name
    • # Shares
    • CUSIP #

Additional Info Regarding NVRH Account with Passumpsic:

    • Institutional ID# 78844
    • For Final Credit To: Northeastern Vermont Regional Hospital
    • Account Number 9240002181
    • NVR Corp Tax ID# 22-2583253

Passumpsic Contact information:
Passumpsic Bank
PO Box 38, St. Johnsbury, VT  05819-0038
Daphne Bullock     802-751-4337

The date of your gift is the date on which the stock is deposited into NVRH’s account. The value of the gift is the average of the reported high and low of the stock price on the date of the gift.

If you hold the stock certificates and wish to make a physical transfer, please call Emily Hutchison, NVRH Director of Philanthropy for instructions at 802-748-7476.

This information does not provide legal or financial advice, nor is it a comprehensive review of the topics. You should consult your attorney and tax advisor before making or planning your gift. Certain types of gifts require prior approval from NVRH in order to be accepted. NVRH accepts all gifts through its parent company of Northeastern Vermont Regional Corp; 100% of gifts are transferred to NVRH for use in the way the donor has designated.