Gifts of Stocks, Bonds & Mutual Funds
On average, over 90 percent of what God has allowed believers to manage, is not cash.
Often the Lord has given us unique assets to steward for His glory. And because we live in a country that champions generosity, there are often tax benefits available for donations of these assets to Focus on the Family.
If you have owned appreciated stocks or mutual funds for more than a year, there can be several benefits.
Benefits of stocks, bonds & mutual funds
- Avoid paying capital gains tax on the sale of appreciated stock
- Receive a charitable income tax deduction
- Help further the work and mission of Focus on the Family immediately
Transfer Instructions for Making a Gift of Securities to Focus on the Family
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 Focus on the Family 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.)
Mutual Fund Transfers: These transfers can be complicated. Please call Focus on the Family's Gift & Estate Planning department at 1-800-782-8227 to find out how to transfer mutual funds.
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 Focus on the Family's Charles Schwab or Merrill Lynch account and provide the appropriate account information below:
By Direct Registration Shares (DRS): Contact the transfer agent for your specific security to obtain the form required to transfer shares to Focus on the Family.
If you have any questions about gifts of stocks and bonds, please contact us. We would be happy to assist you and answer any questions that you have.