Open Books
Transforming lives through reading, writing, and the unlimited power of used books
Open Books transforms lives through reading, writing, and the unlimited power of books. Over the past 13 years, Open Books has grown into an award-winning organization that operates two bookstores located in West Loop and Pilsen. It also provides six literacy programs to birth-12th grade students and rewarding volunteer experiences for 800 adults every year. Each year, Open Books engages over 6,000 youth in its literacy programs that boost students' skills and confidence and help them see themselves as readers and writers. Students who participate in the writing programs also become published authors. Through its book granting programs, Open Books donates over 160,000 books to children and under-resourced Chicago communities.
Category: Education
Cause: Youth Education Programs and Services
Support Open Books with a tax-advantaged gift in minutes!
- Avoid capital gains tax* and deduct the current value of stocks, ETFs or mutual funds held more than one year
- Amplify your generosity with a pre-tax gift: nonprofit keeps the proceeds that would have been paid in taxes
- It’s fast, safe and free with the most trusted name in stock gifting
This is information, not financial advice. Please consult with a tax professional. *
Capital Gains Tax and NII Tax rates range from 18.8% - 37.1%, depending on your income and locality.
Disclosures:
- DonateStock is the trusted facilitator of charitable gifts of securities, crypto and other non-cash assets for more than 10,000 nonprofits and donors.
- To better serve our stock and crypto donors, we host giving pages (like this one) so they can donate securities and crypto to other nonprofits from their DonateStock account.
- As this specific nonprofit has not yet registered with us, the donation will be processed and paid by Donatestock Charitable, Inc, a 501(c)(3) nonprofit.
- Once the gift is initiated, we will contact the nonprofit beneficiary to inform them of the gift and arrange payment.
- After the gift is received, we will provide a tax receipt to the donor and send the proceeds, gift details and donor information to the nonprofit beneficiary.
- Payments are normally sent via ACH within 2 weeks of receiving the shares or crypto. If we cannot reach the nonprofit beneficiary within 30 days, we will remit payment by check.
- There is no cost to donors or financial advisors. Nonprofits are charged a modest transaction fee that is in line with (or lower than) other online gifts.
- Please contact us if you have any questions.