Accessibility Toolbar

Bascom Palmer Eye Institute

Estate & Planned Giving, Securities, Bequests

Planned giving is one of the most powerful philanthropic tools available to Bascom Palmer Eye Institute’s benefactors. To learn how to include Bascom Palmer Eye Institute in your will, or how to make a special gift that provides you with annual payments, tax savings and other benefits, please visit the University of Miami Estate & Gift Planning website.

Gifts of stock and bonds are welcomed at the University of Miami; however, these gifts require special planning and consultation with your professional financial advisor and the University of Miami staff. The University recommends that donors who have decided to make a gift of stock contact the office of Development Services at 305-284-4444. Transfer instructions will be provided.

Gifts of appreciated securities typically carry benefits not associated with gifts made by check, cash or credit card:

  • You avoid capital gains tax. Any gain is taxable if you sell stock or mutual fund shares yourself, but not if you transfer ownership to the University.
  • Your charitable deduction for federal income tax purposes is based on the full, fair market value of the shares on the date the gift is made.
  • You receive credit from UM for the full fair market value of the shares, but the cost to you is only your original purchase price.

For more information about the benefits, visit our Estate and Gift Planning pages, or contact the Office of Estate and Gift Planning at 800-529-6935.

Bascom Palmer Eye Institute, as part of the University of Miami Miller School of Medicine, is a not-for-profit, 501c3 corporation and as such, all gifts, contributions, and donations are tax deductible to the full extent of the law.