NEW! CHILDREN IN CHRIST® NOW ABLE TO RECEIVE STOCK GIFTS
There are very favorable tax rules for donors who want to donate long-term stock (stock they have owned for more than one year) that has appreciated in value. In these cases, due to tax legislation, the donor never has to pay capital gains on the appreciated stock. This can be a tremendous tax benefit for you the donor while you are also investing in Kingdom mission.
Here’s how it works: If you own stock for more than one year that has gone up in value, you can donate the stock to CHILDREN IN CHRIST®, get a deduction equal to the fair market value of the stock at the time of the transfer (its increased value), and never pay capital gains tax on the appreciated value of the stock. CIC will never owe that capital gains tax either – so your investment is protected and multiplying in impact.
If you would like to invest in CHILDREN IN CHRIST with a gift of stock, please contact us directly at [email protected] and we can assist you through this process.