When donating to charity, a stock donation is often a better option than handing cash to your favorite nonprofit organization. Nonprofits love to accept cash donations, but it is not always the most financially sound way to finance operations from a donor’s perspective. While many veteran investors know and understand stock donations’ value, many more…
A recent article by the New York Times linked to below says that many investors are looking for ways to reduce their tax profiles by moving income to current years and selling stocks that have locked in capital gains. Instead of selling those stocks, and investor looking to limit his tax profile might wan to…
There is a great article on the Motley Fool by Roy Lewis which explains in detail the benefits of stock donations. That article can be found hereA http://www.fool.com/FoolCharityFund/Donating_Stock.htm Among other things it gives illustrative examples of how much a donor could save if they donate stock rather than cash. Stock Donator prides itself on being the…
