Give a gift, receive a tax benefit.
About Giving Stock
It is very easy to transfer stocks as a gift to Meals on Wheels San Diego County. The IRS allows you to make a transfer of appreciated stock to a non-profit organization without recognizing capital gains on the appreciation. You must use publicly-traded stocks, bonds or mutual fund shares and you must have held these for more than one year. This allows you to not only make a gift to Meals on Wheels, but receive an additional tax benefit. In essence, you can make a larger donation than you could make with cash and receive a larger tax benefit.