Gift of Securities (Stocks and Bonds)
Appreciated stocks, mutual funds, and bonds in a taxable investment portfolio can be transferred as gifts to support persecuted Christians. Giving stocks (that you have held for more than one year) directly to The Voice of the Martyrs provides a significant opportunity to avoid capital gains tax, receive a charitable deduction at the full-market value of securities, and simplify your giving. In fact, giving appreciated stock can be more beneficial than giving cash!
Here are some of the potential benefits:
- Receive a charitable income tax deduction.
- Avoid paying capital gains tax on appreciated securities.
- Enjoy possible increased income.
- Further touch the lives of persecuted Christians!
By electronic transfer
Please click here for instructions on how to transfer stocks or bonds from your brokerage or investment account to The Voice of the Martyrs.
By certified mail
If you hold securities in certificate form, you will need to use two envelopes to complete your gift. In the first, place the unsigned stock certificate(s). In the other, include a signed stock power for each certificate. You may obtain this from your broker or bank. Please remember to use certified mail.
More on Gifts of Stocks and Bonds
There are special rules for valuing a gift of stock. The value of a charitable gift of stock is determined by taking the mean between the high and low stock prices on the date the gift is transferred from your account. Mutual fund shares are valued using the closing price for the fund on the date of the gift. Your investment firm determines the value of your gift.
If you have any questions about gifts of stocks and bonds please contact us. We would be happy to assist you and answer any questions.