Scripps Research Offers Stock Gift Options for Donors

What's Happening? Scripps Research has announced that it accepts gifts of stock, which can provide tax benefits to donors. The institution advises donors to notify them in advance when making a gift of securities to ensure proper crediting and acknowledgment. This initiative is part of Scripps Resea

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What is the story about?

What's Happening?

Scripps Research has announced that it accepts gifts of stock, which can provide tax benefits to donors. The institution advises donors to notify them in advance when making a gift of securities to ensure proper crediting and acknowledgment. This initiative

is part of Scripps Research's broader efforts to engage with donors and support its scientific endeavors. The Office of Development is available to assist donors with the process of making non-cash gifts, including stocks, bonds, or mutual funds.

Why It's Important?

The ability to donate stocks offers a flexible and potentially tax-advantageous way for supporters to contribute to Scripps Research. This can enhance the institution's funding capabilities, allowing it to continue its cutting-edge research in various fields, including aging, cancer, and infectious diseases. By facilitating stock donations, Scripps Research can attract a wider range of donors, including those who may prefer to contribute through non-cash means. This could lead to increased financial support for its research programs, ultimately advancing scientific discoveries and innovations.