Securities, both publicly traded and closely held, and bonds can be used to make a gift to the McLaren Flint Foundation.  A donor is entitled to a charitable tax deduction equal to the value of the securities on the date of the gift.  McLaren is able to sell the securities and employ the proceeds, without reduction by capital gains taxes because of McLaren's status as a non-profit organization.  Gifts of closely held stock require additional planning, and may require approval by the McLaren Flint Foundation Board.