Thelma Jefferson* held 1,000 shares of stock she had purchased 30 years ago at $12 per share, for a total investment of $12,000. Today her stock is worth $100 per share for a total of $100,000. Mrs. Jefferson decided to make a gift of her appreciated securities to Children's in honor of a surgeon who had treated her son many years ago.

She has:

• Made a gift to the Department of Surgery at Children's
• Qualified to receive an immediate $100,000 federal charitable income tax deduction
• Avoided a $13,200 federal capital gains tax
• Removed $100,000 from her taxable estate

*This donor's name has been changed to protect her anonymity.