Gifts of Securities
Gifts of individual stocks or mutual funds that have increased in value allow friends to generously support the Ligonier mission while receiving significant tax advantages at the same time. If you decide to gift securities you have held for more than one year, not only will you receive a charitable deduction for the full value of the shares on the date of transfer, but you will avoid paying capital gains tax on the appreciated value of the donated shares.
As the IRS has granted Ligonier charitable tax-exempt status, we are not required to pay taxes on the sale of securities we own. That means that your gift has maximum impact on all those who rely on our resources to mature in their faith and Christ-likeness.
Stock gifts can be easily made however you hold the shares – by certificate or by direct electronic transfer from your brokerage account. Should you decide to support Ligonier this way, we want to ensure a smooth transaction and process your gift accurately and in a timely fashion. To facilitate your gift, please contact our Gift Planning Officer by email or by phoning 1-800-220-7636 ext. 1182.