Gifts of Securities: Stocks, Bonds and Mutual Funds

Charitable gifts of appreciated stocks, bonds or mutual funds held for more than one year can provide special tax advantages. The person making the gift (the “donor”) can claim a charitable tax deduction for the full fair market value of the securities donated to Luther Memorial Church and will never have to pay capital gains taxes on the appreciation. Securities held less than one year may also be donated but the deduction is limited to the lesser of cost basis or market value.

If you would like to give in this way, please contact the church at info@luthermemorialdsm.org.