Giving by Stock Donation, FAQs
Can I donate my Stock for Jesus?
Yes you can and by doing so you can continue reaping the rewards of Jesus' miracle of the two
fish and five barely loves. By selflessly giving of your stock you are giving a gift that will
continue to multiply and feed the spiritual growth of many of Jesus' followers for years to come.
When you donate appreciated stock will cost you less than making the same donation in cash
and it may help you on your tax burdens as well. If you sell the appreciated stock you must first
pay the capital gains tax and then donate the after-tax portion. When you donate appreciated
stock you can deduct the full value of the stock and avoid paying the capital gains tax. The
church receives the full value of the stock because, as a charitable organization, it is not required
to pay the tax.
How Do I Donate Stock?
Contact the Abbey to receive the broker account number for for the Abbey account. Then your
broker merely transfers your stock to the Abbey's account of. If you hold the stock certificate,
send your certificate to the Abbey, and we can assist you in signing a stock power and do the