How do I go about donating from my Trust or Brokerage account, and are there any advantages to doing so?
At 1517, we’re passionate about sharing the Good News that through Christ Jesus alone, we are forgiven and free. Your generous partnership fuels this mission, and we’re grateful for your support!
One impactful way to contribute is by donating from your Trust or Brokerage account. While trusts are often already tax-advantaged, many brokerage accounts are not. By donating you may be able to:
- Avoid capital gains taxes on the stock’s appreciation.
- Claim a tax deduction for the full market value of the shares.
- Repurchase the same stock (an optional strategy beyond simply giving stock) at its current price, resetting your cost basis to the higher value. This could reduce future taxes if you sell later.
Your gift will fuel our mission to share the Gospel with all people. To give a gift, you will want to search for our full legal name (New Reformation Publications) and/or search us up by our EIN/TaxID# (46-3986960) through your Trust custodian or brokerage account.
Thank you for partnering with us to spread the message of forgiveness and freedom in Christ Jesus. Your generosity amplifies the impact of our shared mission.
SEVERAL NOTES:
- Our team is here to assist you every step of the way. If you have further questions you are invited to contact David Rufner, our Director of Development & Relations. You can contact him at david@1517.org or 616.822.3984.
- Always consult with your financial or tax advisor to ensure this approach fits your personal circumstances.