By donating common stocks, bonds, mutual funds, and other appreciated securities, donors may also receive tax benefits that include avoiding long term capital gains tax and obtaining deductions for their annual income tax filing. In most cases, donors can maximize their contribution through gifts of stock by transferring these appreciated securities to the Auburn University Foundation directly, rather than liquidating them first and donating the proceeds of that sale to the foundation. Tangible assets might include single or collective works of art, books, or other collectibles; vehicles; animals; and equipment.
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