Your Gift at Work
Every day, individuals and families across the North Shore turn to North Shore Medical Center (NSMC) for world-class care right in their community. Your support helps ensure that NSMC can be here for them and for you when needed, with life-saving diagnosis and treatment, state-of-the-art clinical technology, and forward-looking prevention and wellness services. We invite you to learn more about the many ways your generosity helps NSMC. Gifts of securities, matching gifts, cash and checks and personal property and real estate help us transform healthcare on the North Shore!
Gifts of Securities
Gifts of (long-term) stock or securities to NSMC offer a two-fold income tax benefit: you can take a charitable deduction for the full present fair market value of your gift, and you will not be taxed on the appreciation. The limit on deductibility in any tax year is 30 percent of your adjusted gross income; any excess is deductible over the next five years.
The most efficient way to transfer securities to the NSMC is by electronic transfer. There is no broker fee or commission charge for this service, which means you receive 100% of the value of your transfer.
If your securities are not held by a broker, you can mail your certificates directly to North Shore Medical Center, attn: Development Office. Please send your unendorsed certificate(s) and a cover letter (including your name, address, and purpose of the gift) in one envelope. In a second envelope, send a signed, signature-guaranteed stock power form, which can be obtained at your local bank or from NSMC Development. Send both envelopes by registered mail to:
NSMC Development Office
81 Highland Avenue
Salem, MA 01970
For more information about valuing and transferring gifts of securities, please call us at 978.741.1242.
You may be able to double or even triple your gift to NSMC through a matching gift program offered by your employer. Thousands of companies offer such programs to match their employees’ charitable contributions. Contact your company’s Human Resources department to learn more about your employer’s matching program, then send your contribution and any necessary documentation to NSMC. We’ll verify your matching gift eligibility and confirm your gift to your employer. (Ways to Give page continued)
For more information about matching gifts, please contact us.
Cash and Checks
NSMC gratefully accepts gifts of cash or by check. If you are giving cash, we recommend that you deliver your gift in person to the NSMC Development office (link to Contact NSMC Development).
Unrestricted gifts allow NSMC to direct your gift where it is needed most. If you would prefer to restrict your gift for a specific purpose, please be sure to indicate how you would like it to be used.
You can dedicate your gift in honor of a special occasion such as an anniversary or birthday or in memory of a special person. Simply include the name of the person your gift is honoring and the name and address of the person you would like notified of your donation.
Please make your check payable to North Shore Medical Center. Mail donations to:
81 Highland Avenue
Salem, MA 01970
Personal Property and Real Estate
NSMC gratefully accepts gifts of personal property or real estate. Please contact us if you are interested in donating property to the North Shore Medical Center.