GIFTS OF STOCKS, BONDS & MUTUAL FUNDS
Often God has blessed us with unique assets to steward for His glory. And because the government incentivizes charitable giving, there are often tax benefits available for donations of these assets to Hope Anew. If you own appreciated stocks or mutual funds, this may be the best way to give charitably.
Benefits of stocks, bonds & mutual funds
Avoid capital gains tax on the sale of long-term appreciated stocks, in most cases
Receive a charitable income tax deduction, in most cases
Help further the work and mission of Hope Anew immediately
How to make a gift
Transfer Instructions for Making a Gift of Securities to Hope Anew
Gifts of appreciated securities are a smart and simple way to maximize the effectiveness of your charitable giving. If stocks or mutual funds* you’ve held for more than a year have increased in value, you may want to consider using these assets – rather than cash – to fund your giving. By transferring ownership of your long-term stock to Hope Anew you make a gift to support the ministry, avoid the capital gains tax you would pay if the stock were sold, and you may claim a charitable income tax deduction for the current fair market value of the asset.
*Does not apply to tax-exempt retirement plans (e.g., IRAs, 401(k)s, etc.)
Stock Transfers:
DTC Transfer – If you have your shares of stock in a brokerage account, this is a convenient way to transfer your securities. Simply instruct your broker to electronically transfer your securities out of your account into Hope Anew’s Charles Schwab provide the appropriate account information below:
Name of Broker Dealer: Charles Schwab & Co.
Account Name: Hope Anew, INC.
DTC #: 0164
Account #: 9864-4040