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Stock

A gift of stock can create a double tax benefit:
 

  • A tax deduction for the fair market value
     

  • Avoidance of capital gains tax

Although about half of all Americans invest in the stock market, only a small fraction ever consider making gifts of appreciated stock to their favorite ministries. Did you know that when you give appreciated assets you not only receive a tax deduction for the fair market value of the stock, but you also avoid capital gains tax? This can be a much better plan of stewardship than giving cash.

 

CEF partners with Barnabas Foundation and IN HIS STEPS FOUNDATION to process stock gifts. No commission is taken from the gift, thereby maximizing your gift to CEF—enabling even more children to be reached with the Gospel of Jesus Christ.

Contact the local director, Sarah Allison, for the next steps: (330) 604-7329.

1900 Wales Road NE

Massillon, Ohio 44646

Office Hours:  Monday         10:00 - 3pm

                         Wednesday  10:00 - 3pm

                         Friday            10:00 - 3pm

                             And By Appointment

Email:   officemanager@cefcanton.com

 Office Phone:   (330) 580-5445

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