Securities
The best stocks to donate to Can Do Canines are those that have increased greatly in value, particularly those producing a low yield. Even if you wish to keep them in your portfolio, by giving us the stock and using cash to buy the same stock through your broker, you will have received the same income tax deduction, but will have a new, higher basis in the stock.
If you would like to transfer your appreciated assets, you can use the following information and work directly with your broker to transfer your stocks.
Can Do Canines Stock Transfer Instructions
Closely-Held Stock
Closely-held stock—that which is not publicly traded—can be used as a charitable gift to us, even if you want to maintain a controlling position in the stock.