Gift of Stock

Gifts of publicly traded appreciated corporate stock are gratefully accepted and used to support Longyear’s many mission-driven activities and the operations of the Museum.

Here is how it works:

• You contact Longyear to inform them of the transfer of stock (1.800.278.9000 ext. 220). Longyear will need the name of the security, number of shares, and the date of transfer.
  
  Please note that the tax benefit is derived from transferring the security directly to Longyear — not transferring the proceeds of stock that is sold.
• You transfer securities to Longyear Museum (Instructions).
• Longyear sells your securities and uses the proceeds for its mission-driven activities.

Benefits to the Donor

• You receive an immediate tax deduction for the fair market value of the securities on the day it is transferred to Longyear.
• No capital gains tax is incurred on the securities you transfer