Maximize Charitable Giving:By donating stock, you can give more to the charity than if you sold the stock and donated the proceeds. The charity can immediately liquidate the stock and use the full value for its mission. Avoid Capital Gains Taxes:If you sell appreciated stock, you’ll owe ta...
We make it fast, easy, and secure to donate stock to charity and nonprofits. If you are a nonprofit we enable you to accept stock donations—and teach you how.
After you invest in stock, hold onto it for at least a year before you donate it; that qualifies it as a long-term investment. By donating stock that has appreciated for more than a year, you are able to give more due to long-term capital gains than if you sold the stock and then...
A donation of stocks or securities allows you to increase the impact of your gift to DJD. Donating stock or securities directly to DJD allows you to eliminate the capital gains tax that you’d have to pay if you sold the securities and then donated the proceeds. You can also become part...
For my situation, donating $100k in highly appreciated stock(20 x cost basis) saves me a total of $48k in federal and CA state taxes. If I instead sell this stock to help pay for my tax bill, I would generate an additional ~$37k in income taxes, leaving me with only a $15k ($...
Donate Stock There are several tax advantages to making a charitable gift of appreciated securities. You may hold appreciated stock and don't intend to sell it primarily because of the substantial capital gains tax due when an individual sells the stock. As an example, if you bought stock fo...
I don’t think I’ve mentioned my Mom’s charity on my blog before, but I did donate money this year to it, so it seems appropriate to mention it. Blessing Hands provides scholarships and other help to students in China. Side-note: in the same way that I don’t accept gifts or fr...