When you give a gift of publicly traded stock or bonds your charitable tax deduction is equal to the fair market value of the stock and you avoid paying the capital gains tax on any increase in the current value over the original cost of the stock. You may also save by not incurring brokerage fees because you are transferring ownership rather than selling the stock.
Your financial advisor can walk you through the process of donating stocks, bonds, or real estate to help us feed our neighbors in need.
For more information, please contact email@example.com or call (703) 845-8486. Your gift in any form is greatly appreciated.