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Gifts of Securities...
Gifts of individual stocks or mutual funds that have
increased in value allow friends to generously support the Caledonian
Ministries mission while receiving significant tax advantages at the
same time. If you decide to gift securities you have held for more than
one year, not only will you receive a charitable deduction for the full
value of the shares on the date of transfer, but you will avoid paying
capital gains tax on the appreciated value of the donated shares.
As the IRS has granted Caledonian Ministries charitable tax-exempt
status, we are not required to pay taxes on the sale of securities we
own. That means that your gift has maximum impact on all those who rely
on our resources to mature in their faith and Christ-likeness.
Stock gifts can be easily made no matter how you hold the shares – by
certificate or by direct electronic transfer from your brokerage
account. Should you decide to support Caledonian Ministries this way, we
want to ensure a smooth transaction and process your gift accurately and
in a timely fashion. To facilitate your gift, please contact us at
giving@caledonianministries.com. |
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