A faster way to donate money
A faster way to donate money
Denis Bekaert makes charitable donations in stock.

Denis Bekaert
Age: 68

For the last few years, we have made our charitable donations in appreciated stocks. It's simply a matter of transferring the stock from your account to theirs. This eliminates the capital gains tax and allows us to either increase our effective giving or at least avoid paying additional taxes. We give about $10,000 to our church and other charities so we save pretty close to $1,000.


Last updated July 01 2011: 7:58 AM ET
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