Gifts of Stocks
One of the best ways to support Metropolitan Ministries is with a gift of securities. You can donate shares of stock, bonds, and mutual funds directly to Metropolitan Ministries. For many people, this is an excellent way to make a charitable gift.
Avoid Capital Gains Tax
If the securities you own have appreciated in value, you will have to pay capital gains tax when you sell them. However, if you donate them to Metropolitan Ministries, you completely avoid the capital gains tax, yet you can still claim a charitable deduction for the full market value.
Call for Assistance
If you are considering a gift of securities, please give us a call so we can provide with you the correct transfer documents. In many cases, we can work directly with your stockbroker or your mutual fund company and handle the details of the transfer for you.