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Making a donation of appreciated securities such as stocks or mutual fund shares is easy to do and can have greater tax advantages to you versus a cash donation. Here are the steps for you to make a donation of securities to BPL:
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Tax AdvantageWith a charitable gift of appreciated securities held long-term, the donation you make and the deduction you get are greater than they would be if you were to sell the shares and donate the cash proceeds instead. That is because when you donate shares, you avoid paying the capital gains tax.
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