Gifts of Stocks and Bonds
Donating appreciated securities, including stocks or bonds, is an easy and tax-effective way for you to make a gift to your local church or a ministry you care about.
Benefits of gifts of stocks and bonds
- Avoid paying capital gains tax on the sale of appreciated stock
- Receive a charitable income tax deduction
- Further ministry today
How to make a gift of stocks and bonds
By electronic transfer - You can transfer stock or bonds from your brokerage or investment account to your charitable recipient. The UM Foundation of PA can also help facilitate donations of stock to our depositors and their donors.
By certified mail - If you hold securities in certificate form, you will need to mail two envelopes separately to complete your gift. In the first envelope, place the unsigned stock certificate(s). In the other envelope, include a signed stock power for each certificate. You may obtain this power from your broker or bank. Please remember to use certified mail and to communicate with your charitable recipient prior to taking any action.
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 price on the date of the gift. Mutual fund shares are valued using the closing price for the fund on the date of the gift.
Contact us
As a courtesy service to our depositors and their donors, the Foundation provides facilitation of donations of stock. Contact us for more information. We would be happy to assist you and answer any questions that you have.