One of the biggest tax advantages in charitable giving continues to be the double benefit donors get when donating appreciated assets to Blessings of Hope (utilizing Everence Foundation) instead of cash. By giving appreciated assets (like stocks held for more than one year), you'll get a charitable tax deduction for the full value of the asset and avoid any capital gains tax that would have applied if you had sold the stock and made your gift in cash.
Through our partnership with Everence Foundation, the once complicated process becomes straight forward and well managed. As always, your confidential information is kept confidential within statutory requirements and Everence confidentiality policy.
You may give a gift of stock or mutual fund shares by mail, hand delivery or through a broker. If your donation is to a donor advised fund, Everence Foundation will make disbursements from the fund based on your recommendations. Checks are generally mailed out within two business days after recommendations are received or approved. A letter is mailed with the check explaining the gift.
You receive a charitable contribution tax deduction for the fair market value of your gift of stocks or mutual fund shares you have owned more than one year. You can use your deduction up to 30% of your gross adjusted income in the year of your gift with a five-year carryover for any excess amount. You also avoid tax on any capital gains you have realized. In addition, you receive an annual statement of your fund donations. If your gift establishes a charitable trust or gift annuity, you or your beneficiary receive payments during your lifetime. And you get the satisfaction of knowing that Blessings of Hope will benefit from your generosity.
It is important to notify of the specifics of this transaction (stock name, share quantity, gift designation) so we can credit your gift appropriately. Please contact us at (717) 824-1227 ext 115 - (717) 725-5451 cell or email@example.com.
To simplify your gifting process, Blessings of Hope has partnered with the Everence Foundation to underwrite our planned giving instruments and greatly simplify the gifting process. With over $4 billion in assets and shared values, you can be assured that the very best financial ethical management is in place before, during and after your gift is made.
In association with Everence Charitable Services and underwritten by the Everence Foundation, our charitable instruments empower YOU to achieve your charitable goals in an environment of shared spiritual and ethical values. All this while helping Blessings of Hope carry forward the message of HOPE.
Should you choose to contact Everence directly, the contact information is: