Creative Giving to FUMC-Denham Springs

What are gifts other than cash?
  • Gifts other than cash include stocks, bonds, annuities, property, and other assets. 
What Assets could i give?
  • Appreciated assets held more than one year, such as publicly traded stocks, mutual funds, bonds, real estate, collectables, and other readily marketable property often provide tax advantages. 
  • Personal property such as automobiles, jewelry, and other items may be given. There may be no capital gains taxes to the donor. This also results in a larger gift to the church. 
How does the tax benefits work?
  • Itemized deduction: the donor is allowed to include 100% of the market value of many of these assets as charitable contributions for tax purposes, if held more than one year. 
  • Because of its tax-exempt status, the church will receive the full market value, less transaction costs, at the time of sale without paying capital gains taxes. 
how do i give assets, such as stocks, bonds, and mutual funds to the church? 
Asset Transfer Options:
  1. Contact the church office. We will provide you with the transfer instructions
  2. Contact your broker and request the transfer. You will be provided with stock powers or transfer papers to complete the transfer
In many cases the United Methodist Foundation can handle asses transfers at no cost. 
When you have completed the transfer, please notify the church office.