Gifting Stock to St. Philip's

Stock or other investments that have grown in value and that you have held for more than one year can become a substantial gift to your church.  You receive a charitable deduction for the donation of these assets based on the fair market value on the date of the gift.  You also avoid all federal capital gains tax that would otherwise be due on a sale of the assets (check with your tax consultant).

 For more information on how to make this type of contribution please contact Linda Bohlen, our Finance Minister, at 512-244-2175, or finance@stphilipsumc.org.