Gifts of Stock
Donating shares of a publicly traded company is an excellent means of providing a tax-deductible donation to HHF. Your gift of stock that has appreciated in value over time may provide you with a greater tax benefit than giving cash. Your charitable income tax deduction is equal to the fair market value of the stock. You may also avoid paying capital gains tax on any increase in the current value over the original cost of the stock. Please contact your tax professional for current tax benefits. Your broker can assist you in making a gift of stock by a direct transfer to HHF.If you would like to make a gift of stock, please call Doug Olson, Development Director, at 212-257-6144 or send e-mail to: dolson@hearinghealthfoundation.org.
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