Donating stock directly to Hope For Paws can be a tax friendly way to increase your charitable impact, quickly and easily. If you donate appreciated stock directly to Hope For Paws, you do not incur capital gains tax. Your generous stock donation is fully tax deductible and over 20% more valuable than if you'd sold it and then donated the after-tax earnings.
Donating appreciated assets avoids federal capital gains taxes and provides a federal income tax deduction for the current market value of the gift. Similar state tax benefits are also provided in most of the country.