Donating Stock to Charity

Make a bigger impact by donating long-term appreciated securities, including stocks, bonds, and mutual funds, directly to your favorite charity. Compared with donating cash or selling your appreciated securities and contributing the after-tax proceeds, you may be able to automatically increase your gift and your tax deduction. How does it work? It’s simple and easy. When you donate stock to charity, you’ll generally take a tax deduction for the full fair market value. And because you are donating stock, your contribution and tax deduction may instantly increase because of the avoided tax on the capital gain. Would you prefer to donate bonds or mutual funds? The same benefits apply