ACP Certified Member Keith Spencer was quoted in this Kiplinger article titled 'Donating Stock Instead of Cash Is the 2-for-1 Deal You'll Love at Tax Time', where he discusses how giving appreciated stock or using a donor-advised fund (DAF) this year would be smarter than writing a check to support your favorite causes: "If the client wants to maintain the position, they can donate the shares and immediately repurchase them. The reset cost basis may significantly reduce long-term tax liability."