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If you are in possession of securities that are not performing well, but in which you have a low basis, you may consider using them to fund your charitable gifts. Not only would you be supporting the work of the 92nd Street Y, you would gain a charitable tax deduction and avoid capital gains taxes.
For more information about making stock transfers, please call 212-415-5678 or by email. |
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© 2010 92nd Street Young Men's and Young Women's Hebrew Association All Rights Reserved. |
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