A stock gift can be very tax wise! Appreciated stock held long term (for one year or more) can be given to the Proteus Syndrome Foundation, thus allowing you, the donor, to avoid long-term capital gains tax.
The full fair market value of the stock is available to the Proteus Syndrome Foundation to support our mission. Not only do you avoid capital gains tax, but you are also entitled to a charitable income tax deduction for the full fair market value!
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