If you own stock, there may be significant tax advantages available to you if you contribute stock rather than cash. This is because a gift of appreciated stock generally offers a two-fold tax saving. First, you avoid paying any capital gains tax on the increase in value of the stock. Second, you receive a charitable tax deduction for the full fair market value of the stock at the time of the gift.
If you are intested in giving a gift of stocks contact us for more information.
