DONATE STOCK & MUTUAL FUNDS – SAVE TAXES, GIVE MORE
If you currently partner with Zoweh financially and have appreciated stocks or mutual funds in a taxable investment portfolio, you may have a significant opportunity to simplify your giving, improve your personal cash flow, give more to advancing the Kingdom, and experience more tax benefits.
Stocks and mutual funds are great ways to donate without incurring capital gains on appreciated assets. Zoweh's partnership with Merrill Lynch allows our donors to donate stock and mutual funds directly into our account. Donating your appreciated assets results in a double tax benefit:
1) If you’ve held the asset longer than one year (long-term capital gain property), you avoid paying capital gains tax on the appreciated asset.
2) The gift is an eligible tax deduction, and you will receive a charitable donation receipt from Zoweh for the full gifted amount.
HOW IT WORKS: For instance, suppose that more than one year ago, you purchased stock for $1,000. The value has increased to $10,000. Rather than selling the stock and paying taxes on the $9,000 gain, you could instead donate the stock to Zoweh. You would avoid the capital gains taxes on the $9,000, receive a $10,000 charitable giving tax deduction, and provide the mission at Zoweh with the full $10,000 value of the stock.
To transfer stocks to our Merrill Lynch account, here is the necessary information:
DTC #8862 | Account number: 727-02347
For help, contact either of our representatives at Merrill Lynch:
Christopher Combs | Email: christopher_combs@ml.com
Rachelle Rosario | Email: rachelle.m.rosario@ml.com | Phone: 919-428-2162
MATCHING GIFT
Donors love to give when there is a “match” in play. Over the years, generous donors like you have offered to give a match of $50K or even $100K for a period of time - like end of you giving. Would you like to give seed money toward a match? Maybe $50K or $100K? We will then challenge partners and potential partners with your match and maybe double the gift. For more on that, contact us at: partners@zoweh.org
LEAVE A GIFT IN YOUR WILL
Under current tax laws, unnecessary estate taxes are often paid by the estates of those who have died. By leaving a portion of your assets to Zoweh in your will, you not only avoid losing a large part of your estate to death taxes, but you continue making a difference in the lives of people long after you have departed. To give this way, connect with us at: partners@zoweh.org
NATIONAL CHRISTIAN FOUNDATION
Zoweh is also a member of the National Christian Foundation. This relationship allows Zoweh’s Friends and Allies the opportunity to give to Zoweh through Non-Cash gifts such Capital Gains gifts, donations through Charitable Trusts, Real-Estate gifts, Charitable Estate gifts and more. To learn more connect with us at: partners@zoweh.org
There are many ways to support the mission and vision of Zoweh. For questions regarding any of these creative ways to give, please contact our Accountant, Dana Andrechyn at: dana@zoweh.org.