Gifts of marketable securities that have been held longer than one year allow you to make a charitable deduction equal to the full fair market value of the securities. These gifts allow you to avoid taxation and can be a major benefit to you if you have held securities for several years and they have grown in value. In addition, by making a gift of securities and letting NOMAF sell them, you avoid paying any taxes on capital gains on the appreciation in the value of the securities.
For those interested, please review Donations of Stock and Bonds — Gifts of Securities. For additional information, please contact Zach Danner, Development Director, at email@example.com or (504) 415-3514.