Securities are defined as public stocks, bonds, and mutual funds, and can also be given as a charitable gift. It’s a simple and effective way to donate.
Ahmed, who currently has an income of $1,000,000, owns a stock that he originally purchased for $10,000. That stock now has value of $250,000.
Through a Charitable Trust, the gift can return income to Ahmed, while still retaining the gift amount for IRUSA.