How to Give a Stock, Bond, or Mutual Fund Gift to the Scott Dawson Evangelistic Association:
Why Give Stock Instead of Cash?
There are major advantages in donating appreciated securities instead of cash. When you donate an appreciated security, you don’t have to pay capital gains tax on the gain, and generally, you get a tax deduction for the full value of the security on the day it is donated. Giving appreciated securities instead of cash can save you hundreds or even thousands of dollars, versus a cash gift.
By donating appreciated stock or other securities, you receive significant tax benefits: an income tax deduction for the fair market value of the securities and avoidance of capital gains tax on the appreciation.
Donations are tax deductible for the market value of the security on the date it is given to the Scott Dawson Evangelistic Association.
How Do I Make A Gift of Securities?
How you proceed depends on how your individual securities are held. If you hold securities in your possession, you may send them directly to SDEA. If the securities are held in a brokerage account, we can walk you through the process needed to complete the transfer.
We are looking forward to partnering with you to proclaim the Gospel!
If you can do good things with your contributions, and save yourself tax dollars at the same time, it's certainly something to consider. We are a 501c3 non-profit organization and are affiliated with the Evangelical Council for Financial Accountability.
Three Steps to Giving Stock:
Contact your broker. Tell them you would like to transfer securities to SDEA.
Contact George West, SDEA broker: