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The government allows you to deduct the gift of stock as a charitable donation. Giving a gift of appreciated stock also helps you avoid capital gains tax on the transfer. This double benefit means that you can leverage a larger donation by using appreciated securities rather than cash to make your gift.

 

For more information and to request stock transfer instructions, contact Barbara Kilarjian at 516-678-5800 ext. 257 or bkilarjian@drvc.org