When making an outright gift of stock, the donor typically transfers the stock to SRH. In order to determine value, Spaulding will use the mean sale price on the day it comes into our possession to the appraised value and will generate the appropriate charitable income tax deduction letter.
SRH then redeems the stock to the corporation or to one of its trustees, and receives a check for the redemption price.
Click here for our transfer instructions.