Donating publicly traded stock that has increased in value may provide better tax benefits than giving cash. It is easy and convenient to make such gifts to JCA.
By donating long-term appreciated securities (stocks, bonds or mutual funds), you can avoid the capital gains tax that would be due if you sold the same securities for personal benefit. You may also save on brokerage fees because you are transferring rather than selling stock.
We strongly advise, however, that you contact your accountant or tax adviser to determine the exact income-tax implications of your gift.