There are many ways to give.

Stocks held longer than a year are treated as property-just like appreciated stock. That means it qualifies for the “Double Tax Benefit”. The “Double Tax Benefit”—a full deduction and no tax on the gain!

1. Deduction for Fair Market Value (FMV): Donors who give an appreciated asset they’ve held for more than one year can deduct its full fair market value at the time of the gift (according to IRS Publication 526, Charitable Contributions).
2. Avoidance of Capital Gains Tax: Because the donor gives the asset directly to the church (instead of selling it first), they completely avoid paying capital gains tax on the appreciation.

To make a stock transfer, please use the following information for our account with Morgan Stanley:

Receiving Firm: Morgan Stanley
Account Name: Eagle Christian Church
Account Number: 140-011201-006
DTC Number: 0015
Address: 101 S. Capitol Blvd., Ste. 400, Boise, ID 83702
Phone: 208-338-6952

DAF’s are essentially a charitable savings account. Set up your DAF with a sponsoring organization–like Fidelity Charitable, Schwab Charitable, Thrivent Charitable Impact and Investing, etc. 

Here’s how it works:

1. The donor contributes to their DAF and receives an immediate tax deduction.
2. The DAF sponsor invests the funds, allowing them to potentially grow tax-free.
3. The donor recommends grants over time to qualified nonprofits (for example, ECC).

Why donors love DAFs: immediate tax deduction, simplicity, flexibility and anonymity.

Senior givers–specifically those aged 73 or older–are required to take a minimum distribution from their retirement accounts, and those 70½  and older are eligible for a QCD.

The core benefit is simple: the QCD amount is excluded from the donor’s Adjusted Gross Income.