Contact Us
Kelsey Crouch-Dodson (she/her)
Director of Stewardship
612.332.3421
KCrouchdodson@wpc-mpls.org
Giving in sensible and effective ways may help minimize your tax-burden and stretch your charitable dollars.
A gift of appreciated securities provides meaningful support for Westminster Presbyterian Church and may offer you benefits of reduced tax liability. When you make a gift of appreciated securities, which you have held for more than 12 months, you may avoid the long-term capital gains tax and may deduct the full fair market value of the securities you give.
Gifts of appreciated securities include stocks, bonds, or mutual fund units. The following are some ways that securities held long-term (more than 12 months) can offer potential tax savings:
To achieve these benefits, your securities must be transferred to Westminster Presbyterian Church , not sold, redeemed or exchanged. If they are sold from your account, the gift becomes a cash gift rather than a gift of securities, and you will personally realize any capital gains.
If you are considering a gift of securities that have decreased in value since purchase, it may be more advantageous for you to sell them and then claim the loss on your tax return, and then contribute the cash proceeds for a charitable deduction.
Kelsey Crouch-Dodson (she/her)
Director of Stewardship
612.332.3421
KCrouchdodson@wpc-mpls.org
Thank you for considering this gift!
The gift descriptions are for informational purposes and are not legal or tax advice. To ensure that this gift fits your particular circumstances and planning, please consult with your professional advisers.
Explore More OptionsThese words may be used by your attorney for inclusion in your will. Note: Members are advised to consult with their own attorney or tax advisor for all financial planning decisions: “I give and bequeath to Westminster Presbyterian Church at 1200 Marquette Avenue, Minneapolis, MN, 55403 the sum of $____ or ___ percent of my remaining estate for Westminster Presbyterian Church. Westminster’s Federal Tax Identification Number is 41-0695506.”