How is a gift of publicly traded, appreciated securities valued for charitable deduction purposes?
If you have held your appreciated securities for a year or more, you can deduct them at their fair market value. The value is determined using the mean value of the high and low on the date the contribution leaves the donor’s control — which is usually the date NPT receives it. The net amount is credited to your fund but this amount most likely will vary from the amount you can take as a charitable deduction. This difference is due to market fluctuations and liquidation costs. You should consult with your tax advisor to determine your final tax deduction.
