STORED ASSET GIVING
Stock Gifts
Donating appreciated stock will cost you less than making the same donation in cash. If you sell the appreciated stock you must first pay the capital gains tax and then donate the after-tax portion. When you donate appreciated stock you can deduct the full value of the stock and avoid paying the capital gains tax. The church receives the full value of the stock because, as a charitable organization, it is not required to pay the tax.
You are able to receive the form to donate by putting your first and last name, and email address below. Your broker uses that form to transfer your stock to the account for Via Church. If you hold the stock certificate, send your certificate to Via Church at giving@viachurch.org, and we can assist you in signing a security power form and do the rest.
Donor-Advised Funds
Did you know that your generosity can go further by designating your donor-advised fund (DAF) to Via Church. Log in to your website or app of the DAF organization and use the search function to find Via Church to specify the amount to give. If we are not an option on that particular organization's choices, you may need to submit Via Church You can have your company representative contact us at giving@viachurch.org to set this up.
Qualified Charitable Distribution (QCD)
If you are 70 1/2 or older, you are eligible to give directly to Via Church from your IRA through a Qualified Charitable Distribution (QCD). Giving through a QCD is as simple as contacting your IRA custodian and instructing them to transfer any amount up to $100,000 per individual per year directly to Via Church from your IRA.
If you are 72 or older, a QCD can satisfy your annual Required Minimum Distribution (RMD). QCDs will also not count towards your taxable income for the year allowing you to be generous and receive even more tax benefits. Contact your financial advisor or giving@viachurch.org with any questions.
Appreciated Assets
Donate property (including rentals, vacation homes/condos, etc.) that you have held for more than a year, and you often will avoid capital gains tax … and end up making a more sizable donation than if you sold the assets and then donated the proceeds. Contact us at giving@viachurch.org if interested.