IRS Notes
Stocks must be held for greater than one year to receive fair market value. If held less than a year, the donation would be only for the stock’s cost-basis, not the fair market value. Please consult with your financial advisor or broker to confirm your correct donation.
To receive the appropriate tax deduction, a receipt from a charity is required for gifts over $250.
Security gifts are subject to the IRS deduction limits. Please consult with your financial advisor or broker on those limits.
A security’s charitable value is determined by the date the security is received in the charity’s designated account.