Article provided by: Saban Community Clinic
The work of hospitals and healthcare facilities worldwide has become increasingly important since the Coronavirus pandemic outbreak occurred more than a year ago.
Since then, many people have begun to wonder what are the best ways to help keep healthcare facilities equipped and functioning under such challenging conditions.
For years, one of the most convenient ways to collaborate and support the activity of supporting some health centers is to Donate stock.
When you donate this type, you are actually contributing to the work of the professionals who keep us safe in the most challenging situations of our lives.
People have a variety of interests in donating. But for those who have never participated in a donation of this type, let alone to an institution like Saban Community Clinic, it is common to have questions about the reasons for participating.
That’s why today we’re talking about the top five reasons to participate in donating stock to charity through our cause.
1. You contribute to the health of people from all walks of life
Unlike other health centers that only specialize in serving a specific part of the population, at Saban Community Clinic, our mission is to provide the best health care to people regardless of their socioeconomic status.
Another element that characterizes us is that our patients find the most varied disciplines and specialties in our health center to have a holistic treatment in one place.
2. You contribute more than donating cash
Generally, people think it is more practical to sell their stocks and make cash donations, but in reality, you contribute up to 20% more due to the tax deduction facilities when you donate stock.
3. It’s easy to do
Generally, people think of the donation of stock as an almost endless process that involves a lot of paperwork, but the reality is that the donation process is quite simple.
The professionals at our institution can guide you through every step of the donation process, so you don’t have to go through many headaches.
One of the most common objections of people considering donating stock to a charitable institution is that they often do not know what the institutions are going to do with the money they receive. At Saban Community Clinic, we maintain a transparent process so that any contributor can be assured that the funds donated are directly contributing to the mission of our institution and protecting and saving the lives of our patients.
5. Stock charitable donations allow you to optimize your tax burden
If you are looking for a more commercial or business-wise reason to make such a donation to our institution, it will help you to know that if you donate your stock directly to an institution like ours, you will not be subject to capital gains tax, and you will also be eligible to deduct the market price of the assets you donate from your income taxes.
If you want to know more about the reasons for donating your stock to our institution, you can contact one of our representatives through our website at: https://www.sabancommunityclinic.org/contact-us/