Save On Taxes
Donating stock is one of the most tax-efficient ways to give. A direct stock donation through Overflow means up to 20% more value for your donation because of the capital gains tax savings.
When you donate appreciated assets you have held for a year or more, such as real estate or stocks, you receive a charitable giving deduction for the fair market value of the asset (up to 30% of your AGI) and normally avoid capital gains tax, too.
Benefits
Stock purchased at $2,000
Valued today at $20,000 — Gain: $18,000
Donate stock through ExperienceChurch.tv = $20,000 for ministry
No capital gains tax on charitable donation of stock
Sell stock and donate proceeds = $17,300 for ministry
$20,000 – $2,700 in capital gains tax*
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