Real Estate and Securities
The hospital staff is experienced in facilitating a range of real estate gifts and can provide more information about this process. Please call the Development department at (214) 559-7886 or (800) 421-1121, ext. 7886, with questions or to discuss a proposed gift. Individuals will receive an income tax charitable deduction for their gift.1
An individual may make an outright gift to TSRHC by transferring stocks or bonds to the hospital. A gift of securities entitles the individual to an immediate income tax deduction typically equal to the fair market value of the securities.1
If the securities are held in “street name” in a brokerage account, the individual's broker can electronically transfer the securities directly to the hospital. Please call TSRHC's Development department at (214) 559-7886 or (800) 421-1121, ext. 7886, for instructions on how to make the transfer.
1 The income tax deduction available to you will be subject to a limitation based on your adjusted gross income in the year of the gift. Also, the income tax deduction for gifts of certain types of property is based on your basis in property rather than the fair market value of the property. In general, any income tax deduction not used in the year of the gift can be carried forward and used in the next five years. Please consult your tax advisor for information about your specific situation.