Depreciated Securities
If the securities you own have decreased in value it is better to sell them and make a charitable donation using the cash proceeds. You may then be able to claim tax benefit for the capital loss as well as your charitable gift. Thus, you can deduce more than the current value of the assets and/or offset other gains.
For more information on giving securities, and/or to make a gift of securities, please call us at 1-800-787-8216, or email us at giving@usefoundation.org.
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Disclaimer: U.S.ENGLISH Foundation does not render legal, tax or other professional advisory services. Advice from an attorney and other professional advisors should be sought when considering charitable giving.
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