In December of each year, Sandy contributes 10% of her gross income to the United Way (a 50% organization). Sandy, who is in the 28% marginal tax bracket, is considering the following alternatives for satisfying the contribution.

Fair Market Value

1. Cash donation $23,000
2. Office building acquired 6 years ago (basis $3,000) $23,000
3. ABC stock acquired 8 months ago (basis $3,000) $23,000
4. XYZ stock acquired 2 years ago (basis $28,000) $23,000

Which of the potential contributions listed above is the most advantageous tax wise?

	a.	Cash donations
	b.	Office Building
	c.	ABC Stock
	d.	XYZ Stock
	e.	They all provide the same tax benefit