Nonprofits and the Benefits of Accepting Stock Donations
Why Stock Donations are Valuable for Nonprofits Donating stocks instead of cash has gained traction as a preferred method of giving, particularly among high-net-worth individuals. Here’s why: Tax Benefits for Donors : When donors contribute appreciated stocks, they can avoid paying capital gains taxes while deducting the full market value of the stock from their taxable income. This dual benefit often motivates larger donations. Increased Value for Nonprofits : Since non profits accept stock donations online are exempt from taxes, they can liquidate the donated stocks at their full market value without incurring the tax burdens faced by individual donors. This ensures that the organization receives the maximum potential value of the donation. Streamlined Giving for Donors : For individuals holding a significant portfolio of investments, donating stock can be simpler and more appealing than liquidating assets to make cash contributions. Nonprofits That Accept Stock Donat...
