Make A Stock or Crypto Donation Today
You can donate appreciated stock or cryptocurrency to First Tee — Triangle. If you have held the stock for more than one year, you may take a charitable tax deduction for the market value of the stock, and neither you nor First Tee has to pay capital-gains taxes when the stock is sold. This combination can result in a bigger deduction (and more tax savings) for you and a bigger gift for First Tee — Triangle and the kids we serve than if you sell the stock, pay the taxes, and donate the net proceeds.
Crypto donations offer similar benefits. By donating appreciated cryptocurrency directly, you can avoid capital gains taxes and receive a charitable deduction for the full value of the crypto. This maximizes your impact and tax benefits.
Contact D’Andre Esposito, VP of Philanthropy, at (860) 944-6350 or by email at [email protected] for questions regarding this type of donation.