Stock Donations

Report shows that Mitt Romney donated $1.5 Million in Stock Donations in 2010!

By October 10, 2012November 7th, 2018No Comments

Mitt Romney gets a lot of credit for the amount of money he has given away — as he should. No one has to give any money away, so the fact that some people choose to do so is admirable.

In 2010, Mitt Romney took $3 million in charitable deductions on his tax return, against adjusted gross income of $22 million.

  • $1.5 million was a direct cash donation to the LDS Church
  • $1.5 million was a stock donation to the Romney’s private foundation, which is called the Tyler Foundation. The Tyler Foundation, in turn, gave away $647,500 in 2010, of which $145,000 went to his church.
Romeny is smart to cash in on the double savings of stock donations as are millions of other Americans.  Make sure your non-profit is up to date on receiving these generous donations of stock.  Sign up for a free account with stock donator today.