Should a donation of mutual funds to a non-profit be recorded as 'Stock' or 'Securities, other than stock'?

[rixeybooth]

Are mutual funds considered 'Securities, other than stock', or 'Stock'?

[Mike9241]

 i would say securities rather than stocks. But the difference should not affect the tax benefit of the contribution. 

[mpizipp]

Follow up the recommendation to denote the Mutual Fund donation as "Securities, other than stock" - 

TT asks the following questions:

- Did you have the item(s) in this donation appraised?

Yes

No

    An appraisal is required for any item or group of similar items with a resale value of $5,000 or more. 

I'm guessing that I should answer "No" to appraisal, but the brokerage firm did set the value based on the Average Selling Price, which I selected on a prior page.

Would an EFT follow "stock, publicly traded" reporting or "securities, other than stock"?

[Vanessa A]

Securities other than stock.  Mutual funds are securities.  

If the securities are publicly traded, then they do not need an appraisal.

If they are private securities then they do need an appraisal.