When you donate appreciated stocks or other securities you've owned for more than a year, our foster care programs receive 100% of the increased value.
Meanwhile, you do not have to pay capital gains tax on that increase and if you itemize, you may generally claim a charitable deduction for the fair market value of the stock. Your brokerage company may have an online form for your use in transferring shares of stock/securities to a charitable organization's brokerage account. Please contact our Finance and Operations Specialist, Dalice Meyer, for instructions on donating stock or securities. [email protected] |
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