What are the benefits of donating securities?
A donation of shares, stocks, or other securities is one of the most tax-effective ways to give. If you sell the securities, you will pay tax on the capital gain. In contrast, by donating the securities directly to a charity (instead of selling them and donating the cash), you will incur no tax on the capital gain. Furthermore, you will receive a charitable receipt for the full market value of the securities on the day of transfer.