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Instead of selling your stocks or bonds and then donating the proceeds, you can make a bigger impact on ministry by giving the securities through the Foundation and avoiding taxes on the sale of the stock.
By electronic transfer - Download this form for instructions on how you can transfer stock or bonds directly from your brokerage or investment account to the Foundation.
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.
**Note: 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 prices on the date of the gift. Mutual fund shares are valued using the closing price for the fund on the date of the gift.