Donating stocks or bonds to Northeast Animal Shelter is sometimes more advantageous than gifts of cash. Here’s why:

  1. You avoid paying capital gains taxes when you contribute appreciated stocks or bonds directly to the Shelter.
  2. If you itemize deductions, you deduct the full value of the stock or bond as a charitable contribution, saving income taxes and lowering the effective cost of your gift.
  3. The full value of your gift of stocks or bonds helps Northeast Animal Shelter and our life-saving programs, while you may receive a significant tax break.

If you are planning on giving a gift of stocks or bonds to Northeast Animal Shelter, please email Ellen Miller at ellen.m@neas.org or call (978) 745-9888 x316.