Stock fundraising is a critical donation revenue driver for nonprofit organizations like Mental Health America.
With over 60% of Americans owning stock and billions in stock donated to US charities every year, stock donations can make a wide-reaching impact through philanthropy. Studies show that nonprofits that accept noncash assets typically grow 50% faster than those that do not and they grow 66% faster when they accept non cash securities such as stock.
Donating stock can be also one of the most tax-efficient ways for individuals to support causes that matter to them.
Which stocks do you accept?
We currently accept publicly traded, domestic common stock.
Are stock donations tax-deductible?
Yes! Stock donations can be one of the most tax-efficient ways to give to charity. Your stock donation is tax-deductible to the extent permitted by law; if you pay taxes in the U.S. By making a charitable gift, you may also be eligible to significantly reduce what you would otherwise owe in capital gains taxes.
As with any tax-related questions, be sure to consult with a qualified, professional tax advisor.