Gifts of Securities – Stocks, Bond, Mutual Funds
An option for those who want to maximize tax advantages of lifetime gifts. Appreciated securities, such as stocks and bonds, can be tax-efficient giving tools for our financial partners.
If you make a securities gift directly to Josh McDowell Ministry, you will receive an income tax deduction and gift credit for the full market value. You will not be taxed on any capital gain at the time of your gift, or when Josh McDowell Ministry sells the assets.
Your gift is fully deductible if you itemize, up to 50 percent of your adjusted gross income. Any excess may be carried forward for an additional five years.
If you own securities in a brokerage account, these shares can be easily transferred electronically to Josh McDowell Ministry. Complete and return the Stock Transfer Form. Please contact us for assistance if you own stock in certificate form.
Closely held stock and other securities that are not publicly traded work best when there is a mechanism for Josh McDowell Ministry to sell the gift to other shareholders or the corporation itself. Our donors must usually obtain a qualified appraisal to claim a tax deduction. Please contact us for assistance.
Please let our Development Office know when you make a securities gift. This will ensure that we know the gift came from you, and that we fulfill your intended giving purpose.