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Last Updated Monday, November 03, 2008 12:48:06 PM
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Gifts of appreciated securities may also be donated to a charity or to create a fund at the Community Foundation.
By transferring the securities, you may completely avoid capital gains tax, while securing an income tax deduction for the full current fair market value of the gift of securities-equaling up to 30% of your adjusted gross income in the year of the gift.
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