With the recent economic slow down, donations to charities has also suffered. Many non-profits need to re-think their fundraising efforts. Donors are looking for ways to get the most bang for their buck! Many organizations are advertising and receiving stock donations as Donors are recognizing the significant tax advantage to donating stock. As the market rebounds,…
Of all non-cash contributions made, Stock Donations represented the largest category of noncash donations at $23.7 billion or 44.9 % of all non-cash contributions. Over 450,824 stock donations were made to non-profits in one year! With such a large number of stock donations and such a large amount, each Non-profit should do more to accept stock…