I don't believe it to be utilitarian to arbitrarily link two unrelated actions (donating money and, separately, taking a life).
The reason for taking the life would never be because it's enjoyable or convenient, it would only be if it is in direct service of saving the other lives.
You can calculate the "Fair Market Value" of the stock(s) you donated by averaging the highest and lowest price of that stock on the day you donated it. I used this page to find that, but you can replace "MSFT" in the URL with whatever stock it is you sold.
Is anyone in the U.S. savvy with how to deduct from your taxes the value of stocks which have been donated to eligible charities? The stocks have been held for decades with a very high value and capital gains. Would love help as my tax guy hasn't seen this before.
Thanks! I guess I've been spoiled with a life partner who is a very good baker and being in NYC where there are already some incredible vegan bakeries. But in my experience even many grocery store cookie mixes are vegan if you just substitute aquafaba or something, and I personally cannot tell the difference.
No idea, but could be great down the line. I bet way more red tape and just a lot more people in the chain of command who you'd have to convince, but who knows, there may be a sweet spot for medium-large companies looking to save money 🤷♂️
Disclaimer: I am mostly skimming as there's a lot to read and haven't gotten through it all. But I do believe part of the idea with FarmKind is that the donors are already sympathetic to animal charities, and agree with the premise of effective animal charities, but also just want to get some warm fuzzies in as well. As opposed to most of their money going to something they do not agree with or have any care for.
See FarmKind's most current iteration.
https://www.farmkind.giving/
Yes, agreed.
I don't believe it to be utilitarian to arbitrarily link two unrelated actions (donating money and, separately, taking a life).
The reason for taking the life would never be because it's enjoyable or convenient, it would only be if it is in direct service of saving the other lives.
Update for anyone else who may find it useful:
You need to fill out Form 8283: https://www.irs.gov/pub/irs-pdf/f8283.pdf
You can calculate the "Fair Market Value" of the stock(s) you donated by averaging the highest and lowest price of that stock on the day you donated it. I used this page to find that, but you can replace "MSFT" in the URL with whatever stock it is you sold.
https://www.wsj.com/market-data/quotes/MSFT/historical-prices
Is anyone in the U.S. savvy with how to deduct from your taxes the value of stocks which have been donated to eligible charities? The stocks have been held for decades with a very high value and capital gains. Would love help as my tax guy hasn't seen this before.
Amazing. Yes, super relevant. Will read now.
Thanks! I guess I've been spoiled with a life partner who is a very good baker and being in NYC where there are already some incredible vegan bakeries. But in my experience even many grocery store cookie mixes are vegan if you just substitute aquafaba or something, and I personally cannot tell the difference.
Would certainly be willing to entertain this as plans come together.
No idea, but could be great down the line. I bet way more red tape and just a lot more people in the chain of command who you'd have to convince, but who knows, there may be a sweet spot for medium-large companies looking to save money 🤷♂️
Disclaimer: I am mostly skimming as there's a lot to read and haven't gotten through it all. But I do believe part of the idea with FarmKind is that the donors are already sympathetic to animal charities, and agree with the premise of effective animal charities, but also just want to get some warm fuzzies in as well. As opposed to most of their money going to something they do not agree with or have any care for.
Thanks, Luke. When I have some more time I might brainstorm next steps on this including how to put together a team. If so, I'll reach out!