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Re: BWIS post# 295620

Tuesday, 07/21/2020 12:05:20 AM

Tuesday, July 21, 2020 12:05:20 AM

Post# of 700510
No seminars, but happy to answer any questions about stock-based charitable contributions, which I strongly support.

You should think about instructions to the charity. Perhaps donor recommends immediate sale. The issue is valuation. With immediate sale, you can agree that the value of your donation is the value realized on sale by the non-profit.

Technically the value should be based on receipt, but that is challenging with a large donation or liquidity issues, and outside the expertise of some charities.

If they don't receive many stock donations, you might have to nag a bit to get the process managed well.
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