Marketable Securities
Gifts
of appreciated securities are the most popular type of property gift. In
most cases, the full fair market value of securities will be realized as a deduction.
Securities are often shares of stock,
but may include bonds or shares of mutual funds. Gifts of securities can
be made quickly and easily and can enable you to do more with your gift
because of the tax benefits.
A gift of securities is not considered a sale of the securities and does not result in any capital gains tax. No matter how much the securities have increased in value, a gift to the church will not make any part of the gain taxable. The result: a charitable deduction is allowed for profits that have never been taxed to you. And every penny of the proceeds goes to the church.
The Foundation can assist you by receiving the stocks directly from your brokerage or mutual-fund company. We immediately liquidate the securities and send the proceeds to the church or ministry you direct. Using the Foundation to perform this function provides the following advantages:
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Church staff is relieved of the responsibility for handling unfamiliar and on occasion burdensome transactions.
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More of your gift goes to the desired ministry due to a very competitive transaction cost of only a few cents per share, plus the standard S.E.C. transaction fee.
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You are entitled to the tax benefits applicable to your tax return.
How do you Participate?
To participate, select and complete the appropriate form below for your particular situation. Then forward the document as indicated on the form.
In the event you have any questions, please feel free to contact Robert Sachs, 317-788-7879.
