Stock giving: A smarter way to make an impact
If you are writing checks to charities, but also have appreciated stocks or mutual funds in a taxable investment portfolio that you’ve held for at least one year, you likely have a significant opportunity to give more, pay less tax, and simplify your giving. The key is to donate these securities before the sale, which means capital gains taxes will likely be reduced or eliminated. We liquidate the securities and then put the net proceeds into your Giving Fund (donor-advised fund), which can be used for recommending grants to support the causes you love.
