Gifting appreciated stock or other marketable securities gives the donor the advantage of avoiding capital gains taxes while generally receiving a tax deduction for the gift’s fair market value. (This applies to stock or other marketable securities that been held longer than a year.)
To gift marketable securities to Church of the Open Door, consult with your tax and/or financial advisor, then contact us with your plans.
We will provide wire instructions for the electronic transfer of security/s from your brokerage account to our church WellsTrade brokerage account.
Let us know about your gift (name of security/s and number of shares) so we can send you a tax receipt and say thank you!