There are tremendous benefits to donating stocks, especially when dealing with highly appreciated stocks! Stock donations leave a lasting legacy that impacts men, women, and children experiencing homelessness.
Some benefits include:
No capital gains tax on stock donated to Oliver Gospel
Full value of stock at time of donation is tax-deductible
Donations of Stocks, Bonds, and most Mutual Funds are accepted by Oliver Gospel
Many donors choose to donate highly appreciated stock to Oliver Gospel, as there is no capital gains tax and donors can deduct the full value of the stock at time of donation.
How to Donate Stock
Provide your financial advisor or broker with the following information:
Oliver Gospel’s Broker: Merrill Lynch
Financial Consultant: Dee Bundick
Consultant Phone Number: (803) 733-2140
Account Name: Oliver Gospel Mission
Account Number: 726-04164
If you are planning on donating stock or have a transfer already underway, contact us to notify us so that we can confirm proper crediting of the donation of stock.
Contact our Philanthropy Officer to learn more about how a donation of stock or bonds can help you on your taxes and transform lives through the power of Christ’s love!
Will Huff | Philanthropy Officer