NON-CASH GIFTS
- Stocks and bonds
- Mutual funds
- Works of art
- Sports memorabilia
- Antiques
- Jewelry
- Real estate
- Cars
WHY A NON-CASH GIFT?
One of the best ways to make a donation to Stonecroft Ministries is through a non-cash gift. Often times, a person will sell an asset they own and then donate the proceeds in the form of a cash contribution.
The problem, however, is there are tax consequences in selling an asset when the value is higher than the basis or cost to the donor. The net (after-tax) proceeds ends up being less than the full value of the asset sold.
By donating the asset to Stonecroft (without selling it first), the full market value of the asset becomes eligible for donation to the donor.
HOW DO I GIVE A NON-CASH GIFT?
To give a non-cash gift to Stonecroft Ministries, or to learn more about the tax benefits of donating non-cash assets to Stonecroft, please contact the CFO, Jim Baker, at 800-525-8627 (ext. 126) or E-mail him at bakerji@stonecroft.org.
