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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?

To: Bill Jackson who wrote (61114)	10/30/2001 10:06:09 AM
From: Joe NYC	Read Replies (1) \| Respond to of 275872

Bill, My guess is that when you make the donation, the charity gives you a receipt for the market value of the shares at the time of the donation. It is up to the charity when they sell the shares. Joe

To: Bill Jackson who wrote (61114)	10/30/2001 10:48:53 AM
From: chuckles58	Read Replies (2) \| Respond to of 275872

Charitable deduction for appreciated property The federal rules for charitable gifts allow you to deduct the fair market value of the stock, without picking up the capital gain. The only limitation is that you can only deduct up to 30% of your adjusted gross income. Any unused amount can carry over for up to five years. The charity can sell the securities right away if they want. If the gift of stock was initially to a private foundation, it's limited to 20% of AGI. The foundation is only required to give 5% per year to public charities. Back to my bean counting. CB