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Gifts of Stock
The EFCA welcomes all stock and mutual fund transfers. Giving stock held more than 12 months offers a two-fold tax savings. First, you avoid paying capital-gains tax on the increase in value of your stock. In addition, you receive a tax deduction for the full fair market value of the stock on the date of the gift. Subtracting the tax savings from what you originally paid for the stock can result in a gift that costs just pennies on the dollar. This is an excellent option for stock that has appreciated substantially in value.
To make a gift of stock, please notify us by email specifying the number and type of shares, and the ministry designation for the gift.
Clearing Firm Name: Graystone/Morgan Stanley.
DTC Clearing #: 0015
Account Name: Evangelical Free Church of America
Account Number: 694-095822
Service: Kolleen Zbilski // 847.382.3777 // email@example.com
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