When John’s mother passed away, he knew he wanted to do something that would establish a lasting legacy for her. He remembered that during her lifetime she was always praising Texas Medical Association Foundation for its tireless efforts to better the community.

John decided to make a gift to Texas Medical Association Foundation in his mother’s name using appreciated securities. Not only will his mother’s legacy live on at Texas Medical Association Foundation thanks to the gift, but John also qualified for a federal income tax charitable deduction and eliminated capital gains tax on the securities.