Donating securities is the most tax efficient way to give. You can avoid capital gains tax in addition to benefiting from the charitable tax deduction.
We are excited to announce that we now have a frictionless solution for donating publicly-traded stock to our organization, online! Overflow, a Silicon Valley-based technology company, has automated the charitable stock transfer process now allows you to donate stock directly without coordinating with brokers or financial advisors.
Donating appreciated stock is the most tax-efficient way to give. You protect capital gains tax enabling you to give more, which means a higher tax deduction. Thus, you can make a greater impact while saving more money on taxes.
You can now simply visit our Overflow page, securely connect to your brokerage, & select the shares you want to give. Overflow takes care of the rest, including providing you the documentation you will need for your charitable tax deduction.
You can use the tax calculator below to estimate your capital gains tax savings.