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Report shows that Mitt Romney donated $1.5 Million in Stock Donations in 2010!

By October 10, 2012 No Comments

Mitt Romney gets a lot of credit for the amount of money he has given away — as he should. No one has to give any money away, so the fact that some people choose to do so is admirable.

In 2010, Mitt Romney took $3 million in charitable deductions on his tax return, against adjusted gross income of $22 million.

  • $1.5 million was a direct cash donation to the LDS Church
  • $1.5 million was a stock donation to the Romney’s private foundation, which is called the Tyler Foundation. The Tyler Foundation, in turn, gave away $647,500 in 2010, of which $145,000 went to his church.
Romeny is smart to cash in on the double savings of stock donations as are millions of other Americans.  Make sure your non-profit is up to date on receiving these generous donations of stock.  Sign up for a free account with stock donator today.

Important Year End Deadlines

While we always use best efforts to make sure donations are completed timely.  We cannot guarantee that any stock donations that are not initiated before December 20, 2018 will have their processed completed before year end.  Please plan accordingly.