Thank you for you interest in making a gift of appreciated stock to Scripture Union. We greatly appreciate your love and support of this ministry.

If you have stock that has increased in value and you’ve had it for more than a year, it could make sense to gift this stock in place of a cash gift. That way, you get a double tax break. Not only will you get a charitable deduction for the full fair market value of the stock, but you’ll also avoid capital gain tax. This can allow you to give more to ministry with no additional cost to you or to simply reduce the cost of your gift to us and keep the tax savings for yourself. This is good stewardship.

Whether your stock is in certificate form or held electronically, we can help you transfer your stock to Scripture Union. Your charitable deduction will be based on the mean between the high and low prices on the date the stock is transferred to us. If the stock is transferred to us on a day that there is no trading, the charitable deduction calculation becomes more complicated.

For large blocks of appreciated stock it could also make sense for you to gift the stock in return for a charitable gift annuity or transfer the stock to a charitable trust and then sell it in this tax free environment. Both of these options are designed to provide you with a life long income stream with the remainder at your passing becoming a gift to ministry.

Click here for more help and information about giving stock.

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