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Millikin University - Decatur, IL
Gifts of Securities 
Millikin accepts gifts of stocks and securities. You can use appreciated investments as charitable gifts, often realizing a substantial tax savings, and can designate funds to a specific purpose.

Appreciated assets have a higher market value than their basis or tax purpose value (which is, in most cases, their cost). You receive a charitable tax deduction based on the current market value of the gift and avoid tax on any capital gains. Millikin sells the asset, realizes the full market value and, as a nonprofit, does not have to pay tax on any capital gains.

You should seek the advice of financial and tax professionals for your specific situation.

Contact us for more information.

 
 
Millikin University - Decatur, IL
Millikin University - Decatur, IL
 
Millikin University - Decatur, IL
Millikin University - Decatur, IL
Millikin University - Decatur, IL
Millikin University - Decatur, IL