SharesToCharity

27 ms·

1. 1.▲
   by SharesToCharity 9y ago

   I would never see the shares as income, because you can "donate in-kind" by transferring ownership of the shares to the charity directly. The charity then inherits the cost basis and pays the capital gains when they sell. It&#x27
2. 2.▲
   by SharesToCharity 9y ago

   > can you offset capital gains against income tax in the US? You can offset charitable donations against income tax. The personal capital gains is avoided by transferring shares directly, without selling. (The charity typically then pays
3. 3.▲
   by SharesToCharity 9y ago

   Interesting. It seems their pledge is structured to not do anything until an exit occurs. It's worth reaching out to them though.
4. 4.▲
   by SharesToCharity 9y ago

   Well as I mentioned the company is currently in the process of closing a 3rd investment round. Therefore investors that are much more sophisticated than me (in both the colloquial and regulatory sense), with access to better information (e.
5. 5.▲
   Ask HN: Donate shares of startup to charity for carryable tax deduction?

   16 points by SharesToCharity 9y ago|10 comments