A gift of appreciated marketable stocks and securities to FaithFest provides you with significant tax advantages. You avoid capital gains taxes in the year your gift is given while potentially providing a charitable deduction for the fair-market value of your gift.
Download this Securities Transfer Instructions for your broker. You can designate your gift to FaithFest, CCM’s general fund, or wherever needed most.
If your securities have depreciated, it may be to your advantage to sell them first, then donate the proceeds to FaithFest. You may receive a tax deduction for your capital loss, in addition to receiving a charitable deduction for the amount donated.
Thank you for your continued support for FaithFest!
If you have questions about donating stock, please email us or call 336-990-9150.