LEGACY SOCIETY | December 2024

Make a Gift with Appreciated Stock this Holiday Season

Thinking about making a gift of stock or bonds this holiday season? This type of donation can be highly beneficial for you as well as provide valuable support for the arts and cultural resources in our community. By donating appreciated stocks, you can avoid capital gains tax and receive a charitable income tax deduction, allowing you to make a greater impact. Giving is simple, too. Click here to find out how.

John Macukas, Foundation Trustee, and his wife Mary made generous gifts of stock this year to support the History Homecoming at the Palace of the Governors and to fulfill his Circles membership. He stated his reasons why, “We believe that the cultural life of a city is defined in large part by its museums. Through our contributions, we hope to help our museums continue to offer public access to art, education, entertainment, and community interaction. Our museums enrich our daily experience, guide us in our search for beauty, inform our understanding of the world, give form to our ruminations, and help us build more enlightened and meaningful lives.”

By electronic transfer - Please contact us for instructions on how you can transfer stock or bonds from your brokerage or investment account to the Museum of New Mexico Foundation to benefit the Foundation and designated to benefit the institutions we support.
By certified mail - If you hold securities in certificate form, you will need to mail two envelopes separately to complete your gift. In the first envelope, place the unsigned stock certificate(s). In the other envelope, include a signed stock power for each certificate. You may obtain this power from your broker or bank. Please remember to use certified mail.

Stock transfer notification form
If you plan to transfer a gift of stock to our organization, please fill out our notification form.
Donating appreciated securities, including stocks or bonds, is an easy and tax-effective way for you to make a gift to the Museum of New Mexico Foundation and support the arts and cultural resources in our community you enjoy most.
Please note that gifts of stock are valued based on the average of the stock’s high and low prices on the day of the gift, while mutual fund shares are valued at the closing price that day.

If you have any questions about gifts of stocks and bonds, please contact laura@museumfoundation.org or call 505.216.0829.