Gifts of Stock
Gifts of stock, especially long-term appreciated stock, provide benefits to Generation SERVE and you. We can put your funds to work immediately and you can:
- Give away appreciated assets and usually avoid tax on the gain
- Receive the regular charitable income tax deduction if you itemize your taxes
- Claim a tax deduction for the full fair market value (rather than the cost value) of your stock if you have owned the securities for more than one year