Appreciated Securities Make a Great Gift to Your Church
Many of our members have found that giving appreciated stock to the church makes good sense. Please ask your financial adviser if this is a viable option for you.
We need your help when you give securities to the church. First and foremost, please notify the office personally (by phone, letter or e-mail) when you transfer stock to the church. Do not rely on your broker to do so. In some cases, we were not aware of stock transfers for an extended period of time, resulting in stocks not being sold in a timely manner, or in proceeds not being credited to the correct donor. Myers Parks Finance Committee policy is that all gifted securities will be sold immediately and proceeds promptly deposited into the church bank account.
A reminder: You can accelerate your tax deduction and, at the same time, help your church significantly by giving stock before year-end in payment of your pledge for next year. The church will earn interest on the deposited funds and will be able to use your contribution for next year's operating expenses. You, of course, get to take credit for the gift against any tax liability for this year.
To give stock to Myers Park United Methodist Church: