Please view our Flu Visitation Guidelines before you visit.

Gift of Securities

Gifts of long-term appreciated securities (stocks, bonds, mutual funds) are a beneficial way to support the hospital. Here's how it works:

  • You transfer to Somerset Health Care Foundation appreciated securities that you have held for more than one year.
  • Somerset Health Care Foundation sells your securities and uses the proceeds for the purpose you designate.

Gifts of securities allow you to receive gift credit and an immediate income tax deduction for the fair market value of the securities on the date of transfer, no matter what you originally paid for them. You pay no capital gains tax on the securities you donate, provided that you have owned the securities for more than one year.

To ensure that your gift is accurately identified and acknowledged, please notify the Somerset Health Care Foundation Office at 908-685-2885 in advance of the transfer. We can provide account information for electronic transfers.

Patient Stories

  • Patient care here is great. My mother has utilized many of the hospital’s services and all of the nurses we have encountered are friendly and attentive.

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Patient Stories

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