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, 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.
If your stock is held by your broker, it is as easy as a telephone call. Contact Pastor Scott Walberg at 503-304-4000 or at [email protected] to receive the broker account number for Peoples Church. You may also click below to download a Gift of Stock Form. Then your broker merely transfers your stock to the account of Peoples Church. If you hold the stock certificate, send your certificate to Peoples Church, and we can assist you in signing a stock power, and we will take care of the rest.