You transfer appreciated stocks, bonds, or mutual fund shares you have owned for more than one year to Lutherhaven Ministries.
Lutherhaven Ministries sells your securities and uses the proceeds for its programs.
Benefits
You receive an immediate income tax deduction for the fair market value of the securities on the date of transfer, no matter what you originally paid for them.
You pay no capital gains tax on the transfer when the stock is sold.
Giving appreciated stock could be more beneficial than giving cash.
You designate Lutherhaven as the beneficiary of an existing life insurance policy OR transfer ownership of a paid-up life insurance policy to Lutherhaven Ministries.
Lutherhaven Ministries receives the value of the policy when you are called to heaven.
Make a gift using an asset you and your family no longer need.
Receive an income tax deduction for the value of your investment.