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Stocks and Securities |
Appreciated securities can be an especially smart way to donate. By making a contribution of stock that has appreciated in value and has been held for a year or more, you may get a tax deduction (subject to limitations) for the appreciated value and avoid capital gains taxes on the amount of the appreciation. In this way, the out-of-pocket cost to you is substantially less than the amount contributed. NYOF receives the full current value of the securities.
Simply print out our stock and securities donation form and give it to your broker. Please inform us about the donation so that we can thank you properly and keep you informed about our programs.
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