Giving Securities or other Appreciated Assets

Gifts of Appreciated Securities

If you have stocks or bonds that have increased in value that you have owned for at least one year, you can give them to the Foundation and claim all or a portion of the full fair market value as a charitable contribution.  In addition, you avoid paying capital gains taxes on the increase in value.  

The policy of the Foundation is to sell the security that you donate.  The proceeds would then be used for the purposes that you designate.  This can include the creation of a Trust to benefit ministry, the establishment of a Charitable Gift Annuity, or an outright gift to ministry.

Depreciated Securities

If your asset has decreased in value since you acquired it, it may be beneficial to you to sell the asset and donate the proceeds to the Foundation, rather than giving the asset to the Foundation.  You may be able to claim the capital loss as well as a tax deduction for the value of the gift.

Discount Brokerage Account

The Foundation offers individuals, churches, and agencies the use of our discount brokerage account.  Proceeds from the sale of securities can be used to start or increase an endowment, fund a charitable gift annuity, or can be “passed through” directly to the ministry of your choice.

To learn more about giving securities or other appreciated assets email us at info@umfwv.org or call us toll free 1-800-788-3746 ext. 45.  We will gladly assist you and your financial advisor through the process.  

The Foundation does not give legal advice or tax advice.  Always consult with your own advisors before deciding which gift works best for your circumstances.