Stock transfer benefits bereavement program

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Thanks to the generosity of an anonymous community member who gave a stock transfer gift, Hospice of Hilo’s bereavement team was able to purchase more than 50 new books, videos and workbooks for clients seeking grief support.

Thanks to the generosity of an anonymous community member who gave a stock transfer gift, Hospice of Hilo’s bereavement team was able to purchase more than 50 new books, videos and workbooks for clients seeking grief support.

“We cannot thank you enough for this generous donation to our bereavement lending library,” said An Umamoto, Hospice of Hilo’s development, public relations and education coordinator.

“We know these books will enrich the lives of our clients and become a part of their healing. It will be gratifying to watch the clients discover new resources that will support them on their journey of grief.”

According to Hilo financial adviser Keith Marrack, “If you have a stock that has substantially increased in value over the years, then you may want to consider using your appreciated stock as a charitable contribution.

“You might qualify for a charitable tax deduction for the full fair market value of the stock and avoid paying the capital gains tax on the sale.”

Each year, more than 270 people access Hospice of Hilo’s free bereavement counseling program, receiving more than 2,000 hours of service. The program provides individual and group counseling sessions along with workshops, memorial services, retreats and an overnight bereavement.

Those interested in Hospice of Hilo’s bereavement support services or donating to the organization through a stock gift, visit www.hospiceofhilo.org or call Umamoto at 969-1733.