Benefits of donating appreciated stock

You can enjoy significant tax advantages and maximize the size of your contributions when you transfer securities through Hallow:

If you held the stock for at least one year, you receive a tax deduction for the full value of the stock at the time of donation (not just the amount you paid for the stock).

You avoid paying both capital gains tax and stock sales commissions. When you give appreciated stocks directly to a nonprofit, your gift can be up to 20% larger because you avoid the taxes you'd incur from selling and donating the cash.