A tax-smart way to give
Stocks & Securities
Donating stocks, securities, bonds or mutual funds is one of the most advantageous ways to support homeless animals.
You may receive a charitable income-tax deduction for the full fair-market value of the stock and avoid paying the capital gains tax on any increase in value. You may also wish to sell securities that have depreciated in value and contribute the proceeds. In that case, you may be entitled to take a capital loss on your income-tax return, as well as the charitable deduction for your gift.
To learn more about how to make gifts of appreciated stocks, Mohawk Hudson Humane Society has partnered with a free stock-giving tool that walks you through the process of making a gift in under 5 minutes.