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On account of rapidly developing online technology, demand for online transactions are picking up pace. Today, we see that most of the transactions such as railway bookings or air-tickets bookings, banking transactions, shopping, etc. are done through the internet. Internet speeds up these transactions offering the flexibility of doing these transactions such from anywhere at any time.
We give charity simply because it gives us immense satisfaction to help those who are in in dire need of it. But for many who want to give in a way where each dollar counts, stock donations have become “en vogue.”
It has been many years, since non-profit organization are benefiting from the IRS rule that permits stock donations to have a favourable tax treatment. Warren Buffet also selects stock donations as his favourite mode of donation when it comes to do charity. He recently has donated $42 Million via stock donations to non-profit charities. However, to receive stock donations from the donor’s community a non-profit would have to deal with messy procedures.
Iannis Adamopoulos, a UC Davis researcher who specializes in skeletal and immune-system diseases, has been selected as an Arthritis National Research Foundation (ANRF) Scholar and Sontag Foundation Fellow.