Gifting Stocks & Appreciated Securities

As a nonprofit organization, Mount Horeb United Methodist Church can accept donations of appreciated securities including:

• Publicly traded stocks
• Privately held stocks
• Mutual funds
• Bonds

What are the benefits for donors?

Donating stock can offer significant tax savings for donors. Both capital gains and state income taxes are avoided. The donation can also be claimed as a charitable deduction. The stock value is based on the current fair market at the time of the donation. 

If you are interested in making a major gift, stock donations can help support that goal. Donors who give stock are typically giving out of their wealth (i.e. unearned gains on investments) rather than from their disposable income (i.e. out of pocket). 

How does the process work?

The Wisconsin United Methodist Foundation (WUMF) has a process for assisting donors and local churches with security gifts. They ask that you begin the process by first calling their office at 608-837-9582.

Details and forms are also available in a downloadable PDF provided by the Foundation.

More Information from the Foundation

Through our special relationship with our broker, Robert W. Baird and Company, we are able to transact these gifts at no commission, leaving higher proceeds for your church. The Foundation will sell your gifted shares and will issue a check to your local church for the full amount of the sale. The Foundation does not attempt to “time” the sale of your stock in a fluctuating market. Shares are sold as soon as we are made aware that they have been received into our account. We will provide donors with a properly executed gift receipt for tax deduction purposes.

Contacts at Mount Horeb UMC

It’s important to make the MHUMC finance team aware of your intentions. We want to ensure that when your gift is sent to our church from the Foundation, we know who to attribute it to for accurate giving records.

After you arrange for a gift to be made through the Foundation, please contact the church office. Our Administrator can pass along the information to our finance team, or connect you with one of those people. Thank you!