Donating Stocks: increases the size of your gift.
Fidelity Account: More Too Life accepts stock donations.
Our Donor’s can now save on capital gains tax.
MORE TOO LIFE FIDELITY ACCOUNT. Use Our Fidelity Internal Account Number #Z30587329 if you also have Fidelity. You can also ADD our unique DTC number: 0226 to donate from other investment accounts that are not Fidelity.
ADVANTAGES OF DONATING STOCKS
Donating stock can have several advantages, including:
Tax benefits:
Donating appreciated stocks can provide a double tax benefit, allowing you to deduct the stock's fair market value and avoid capital gains taxes. This can result in significant tax savings.
Portfolio rebalancing:
Donating appreciated stock can be an effective way to rebalance your portfolio.
Larger impact Donating:
Stock can allow you to make a gift with a larger impact at a lower cost to you.
Complex assets:
Donating stock allows you to donate complex assets.
Charity benefits:
More Too Life, the charity receives the full benefit of the stock, while the nonprofit keeps the proceeds that would otherwise go to the IRS.
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