Donating publicly traded securities, such as stock, bonds or mutual funds, directly to ministry or the Great Commission Donor Advised Fund can provide significant tax savings, allowing you to give more towards the causes you care about.
By donating appreciated shares you have held for at least one year, you avoid the capital gains tax due on the gain. And if you are eligible to claim the donation as an income tax deduction, it would be for the full fair market value of the shares. And, through the projects you support, you’re helping accelerate the Great Commission, so it’s a triple win!
Here are some of the potential benefits:
- Avoid paying capital gains tax.
- Receive a charitable income tax deduction.
- Enjoy possible increased income.
- Further the Great Commission!
Contact us at 800-449-5454 or info@crufoundation.org.