Whether it's 100 shares of blue-chip stock or a new high-tech gadget, the government allows you to deduct the gift of stock as a charitable donation. Giving a gift of appreciated stock also helps you avoid capital gains tax on the transfer. This double benefit means that you can leverage a larger donation by using appreciated securities rather than cash to make your gift.
For more information and to request stock transfer instructions, contact Major Gifts Officer Sofía Larkin at The Catholic Foundation at (915) 872-8412 or email@example.com.
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