Non-Cash Gifts
Gifts of Stock
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 that you’ve held for more than a year, 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. This means that you can save up to 20% in long-term capital gains taxes by donating your appreciated publicly traded stock directly to Rockharbor Church. You may also claim a charitable income tax deduction for the current fair market value of the asset.
Broker to Broker 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 Rockharbor Church’s Fidelity account and provide the appropriate account information below:
Name of Firm: Fidelity
DTC: 0226
Account Name: Rock Harbor Church
Account Number: 645-464538
Please email business@rockharbor.org notifying us of any pending transfers so that we can send your tax-receipt upon confirmation.
Other Asset Gifts
If you would like to gift land or other new or used items of value, please email business@rockharbor.org.