Why donate stock?
When you gift stock shares, without liquidating them, you avoid paying capital gains tax AND you can still deduct 100% of the value of their contribution. That means you can receive a greater tax write-off at the market value of the stock upon donation, regardless of what you bought the stock for. Sometimes that tax deduction can even be more than what you originally paid! So, you save more, you receive more, meaning we’re creating more and more life-changing impact together.