Donating appreciated stocks or mutual funds directly to Chatham Literacy, rather than selling the assets first, can provide significant tax benefits. When you gift appreciated securities you have held for more than one year to a qualified public charity, you get a tax deduction for the full fair market value and avoid paying capital gains taxes on the appreciation. This allows you to support the causes you care about while potentially saving more on taxes than if you donated cash proceeds after selling the stock. Charitable stock donations can be a tax-smart way for investors to give more at a lower cost.
Make a Charitable Stock Donation