Gifts of Securities

Gifts of securities are useful because federal tax law permits taxpayers who itemize to deduct the current value of charitable contributions from their adjusted gross income. Stock contributors may owe no tax on the difference between what they paid for the donated stock and its current fair market value (FMV); i.e. there may not be tax on the capital gains. Click here for detailed instructions on how to make a gift of securities to the YWCA.