A. donna donates stock in chipper corporation to the american red cross on september 10, 2015. she purchased the stock for $18,100 on december 28, 2014, and it had a fair market value of $27,000 when she made the donation. the stock is treated as (capital gain or ordinary income) property and donna's charitable contribution deduction is $ purposes. b. assume instead that the stock had a fair market value of $15,000 (rather than $27,000) when it was donated to the american red cross. donna's charitable contribution deduction would be $ for tax purchases.