Instead, you can transfer your stock to the donor-advised fund and then direct a grant to the charity so that they never have to deal with the shares of donated stock.

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Equilar tallied donated stock as valued at the close of trading on the day it was gifted disclosed in regulatory filings and excluded awards gifted to or from trusts or shares indirectly owned unless the gift was specified as a gift to a charitable foundation.

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And more than 50 boxes of "good quality" books were donated to stock the library's shelves.

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The stock he donated wasn't yet public, though shares were traded through a local broker.

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It's harder to pull this off when the donated asset is not stock but mortgaged real estate.

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The Wipro founder is also the Chairman of his own Azim Premji Foundation (APF), which has donated 8.7% of the total stock of Wipro from his personal holdings for philanthropic causes managed through APF.

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Both supermarkets had to be handed over empty of stock, so many items that were not sold were donated to charities.

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