One of the biggest tax advantages in charitable giving continues to be the double benefit donors get when donating appreciated assets to WellSpan York Health Foundation instead of cash. By giving appreciated assets (like stocks held for more than one year), you'll get a charitable tax deduction for the full value of the asset and avoid any capital gains tax that would have applied if you had sold the stock and made your gift in cash.
It is important to notify WellSpan York Health Foundation of the specifics of this transaction (stock name, share quantity, gift designation) so we can credit your gift appropriately. Please contact us at (717) 851-2201 or jshenk2@wellspan.org.