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MAKING GIFTS OF SECURITIES & INSURANCE This packet has been prepared for the convenience of individuals who wish to contribute gifts of securities or life insurance to the Durham Public Library. Your

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What is making gifts of securities?

Making gifts of securities refers to the act of donating stocks, bonds, or other investments to a charitable organization or individual.

Who is required to file making gifts of securities?

Individuals or organizations that have made gifts of securities worth a certain value within a tax year may be required to file making gifts of securities.

How to fill out making gifts of securities?

To fill out making gifts of securities, you need to provide details about the securities gifted, their value, the recipient, and any applicable tax deductions.

What is the purpose of making gifts of securities?

The purpose of making gifts of securities is to support charitable causes while potentially receiving tax benefits through deductions or exemptions.

What information must be reported on making gifts of securities?

When reporting making gifts of securities, you must provide information such as the type and value of the securities, the recipient organization or individual, and any relevant tax documents.

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