Did you know you can leverage the value of your stock in support of charitable organizations like CURE? A gift of stock may be donated at its current full fair market value. This means the donor receives a charitable income tax deduction credit based upon the stock’s current full fair market value, not the purchase price, if the donor has owned the stock for over one year. The donor bypasses paying the capital gains tax due and maximizes their gift.
Stock Donations
|
|
