Recent comments

Giving through Stock

Do you have stocks or other appreciated securities that have grown in value? Are you looking for ways to remember ministries of the church with a charitable gift … and receive increased tax benefits this year?

Consider a gift of stock, mutual funds or other securities. Through this type of gift, you can give more to the Foundation or ministries of the church than you originally invested and take a deduction for the current market value on the date of the gift.

To take a deduction for gifts of securities at their current value, you must have owned them for at least one year and a day. Such gifts are deductible up to 30 percent of your adjusted gross income in the year of the gift.