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How Stock Donations Work:

  • Transferring Shares: You can instruct your brokerage firm to transfer the shares directly to the TEFNA’s brokerage account. This is often done using an electronic transfer system.


  • Valuing the Donation: The value of the stock donation is typically determined based on the fair market value of the shares at the close of the market on the date of the transfer.


  • Receipt of Donation: TEFNA provides the donor with a receipt noting the number of shares and the valuation, which is used for tax reporting purposes.

Why Donate (Appreciated) Stock Over Cash:

  • Tax Benefits: If the stock has appreciated in value since you acquired it, you can avoid paying capital gains tax on the profit. 

  • Potential Deduction: You can potentially take a tax deduction for the full fair market value of the stock at the time of the donation, up to 30% of your adjusted gross income.​​

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