April – Take “STOCK” of your giving! An easy, but often overlooked way to give to your local pregnancy clinic is by giving a gift of stock. This month, as we prepare to file our Income Taxes, most of us are looking for every legal deduction we can take. For many people, stock gifts optimize tax advantages. You will want to check with your financial advisor first, but the simplified version is that by giving stock gifts outright to a non-profit group, the deduction is based on what the stock is worth at the time of transfer – not on the original purchase price of the stock. The donor is able to bless his charity with a large gift, and he avoids paying a capital gains tax on the profit produced by the increased value of the stock. Everyone wins!
At Hope Women’s Centers, we have been blessed by several stock gifts in past years! We sell the stock immediately and convert the gift to ministry on the ground, which was the donor’s original intention in giving the gift. April is a great month to grow your giving by considering a STOCK TRANSFER. It’s so easy. To help facilitate a smooth transaction, we have an account at the National Christian Foundation of South Florida. One phone call to one of their financial advisors will give you all of the details you need to make your stock transfer. Call today!
Not only will your stock transfer help build a strong financial base for your local pregnancy clinic, it will make a difference in the lives of families who are facing unplanned pregnancies. STOCK GIFTS…help us offer hope, share truth, and protect life!
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