The benefits derived from donating appreciated securities to Agape Unlimited can be threefold (if you have held the security for more than 12 months).
– You may be able to bypass paying capital gains tax on any appreciation, and
– You may be able to deduct the full fair market value.
– By transferring the security directly to Agape Unlimited, your gift is not reduced by sales commissions.
Perhaps not all your investments have appreciated. If this is the case, your tax advisor may confirm a strategy of selling these securities at a loss and using the losses to offset other gains reportable on your tax return. The cash from the sale can then be gifted to Agape Unlimited.