“Some of the best [advice] comes from the California Clean Money Campaign” -- LA Times Editorial
Gifts of stock provide much-needed support for the California Clean Money Campaign’s efforts and offer you financial benefits as well.
Publicly traded securities (stocks, bonds, etc.) may be transferred to the California Clean Money Campaign. If you have owned the securities for more than one year and itemize deductions, you may be entitled to an income tax deduction for the full market value of the securities. With a gift of securities, you also may avoid any capital gains taxes that would be due if you sell the stock, increasing your tax savings.
If you would like more information, please contact the California Clean Money Campaign toll-free at (800) 566-3780.