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Appreciated Securities

We need your financial support!

The Cardiac Therapy Foundation of the Midpeninsula could not exist but for the generous financial support from its members and friends.

Our member fees pay only about 80% of the expenses needed to run a first class program such as ours.

We could raise our fees; that unfortunately would probably inhibit many who need our services from joining.  Yes, we do offer financial aid to those who need it.  However, if potential members felt the costs for our services were too expensive, they would be turned off and not even investigate our program.

We have been granted IRS 501(c)3 status; therefore, your donations to us are fully tax deductible as charitable contributions as provided by law. Click here to download a copy of the IRS granting letter in PDF format (Acrobat Reader needed, a free download from Adobe).

Gifts may be made

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by check, payable to the Cardiac Therapy Foundation, or

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in the form of publicly-traded appreciated securities.

Appreciated Securities

Giving appreciated securities is advantageous because it affords the donor a charitable income tax deduction based on the securities' market value at the date of gift.  The donor pays no capital gains tax on the appreciation; please check with your tax advisor for more details.

It is not advantageous to give securities that have not appreciated.  If a donor wishes to dispose of these securities, the donor should sell them, take the loss personally for income tax purposes, and make a gift of cash.

Gifts of publicly-traded appreciated securities are very easy to make using "DTC" wire transfers, provided these securities are kept in street name in an account at your brokerage house.

Here is a link to more information on making gifts of appreciated securities.