There are advantages to donating stock directly to HOH rather than cashing it out and making a donation. When the stock is donated, you can claim the full market value of the stock as of the day it was given as a charitable gift, and you do not have to pay capital gains tax. Appreciated stock held over time could have significant savings. Please consult your financial advisor when making this consideration.
Contact Chelsea Paine at Chelsea@hohmartin.org or by calling (772) 286-4673 x 1002
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