The transfer of securities can give you major tax advantages over a donation of cash. You receive a tax deduction for the full value of the stock at the time of donation (not just the amount you paid for the stock), if you held the stock for at least one year. In addition, you avoid paying capital gains tax and you do not pay commissions for selling the stock.
To find out more about making a stock donation, contact our Executive Director at 650-690-0370.
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