One of the most tax effective ways to make a contribution is to donate appreciated stock to Noble.  If you've held the stock for more than 1 year, you may be able to take a charitable tax deduction for the market value of the stock, and neither you nor Noble has to pay capital gains taxes when the stock is sold.  The combination can result in bigger itemized tax deduction (and more tax savings) for you and a bigger donation for Noble than if you sell the stock, pay the taxes, and then donate the net proceeds.

 

We even have a brokerage account set up at TD Ameritrade for the sole purpose of accepting gifts of appreciated assets (stocks, bonds, funds, ETFs).  Please let us know if you'd like any more information on how to make a gift of appreciated assets, and if you have tax specific questions, please contact your tax professional for guidance.

 

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