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Serving Stark, Wayne, Tuscarawas, Holmes, Harrison, Carroll & Coshocton Counties
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 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.
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