Gifts of Stock can be a smart tax decision
Many donors prefer to make gifts of appreciated stocks, bonds, mutual funds, or exchange traded funds. Some of our most committed donors find they are able to give more generously when they donate appreciated assets than if they’d simply given cash. And if you are itemizing deductions on your tax return, you may be eligible for a charitable deduction of the full value of your gift. Whether or not you are itemizing deductions, though, donating an appreciated asset can help you avoid paying tax on capital gains.
We have an intuitive, easy-to-use tool that will guide you through the process of transferring stocks in less than 10 minutes. Get started here.