3 Benefits of Giving Stock
Thank you for your generosity, which makes the ministry of Chicagoland Prison Outreach possible!
If you’re contemplating a year-end gift, consider giving appreciated stock. Not only will you further the important work of sharing Christ’s love through discipleship and restoration, but you will also benefit from tremendous tax-wise savings!
When you donate stock or other securities that you’ve owned for at least a year, you …
- Give substantially without restricting your cash flow,
- Receive a fair market value tax deduction at the time of your gift, and
- Avoid taxes you would have owed on the sale.
Giving stock is the perfect, cost-effective way to close out a year of generosity. You’ll experience the peace of knowing you have accomplished the greatest good with your God-given resources.
To learn more about giving stock or other smart and powerful ways to support the mission of Chicagoland Prison Outreach, contact Dave Sherwood by calling (708)331-3301 Ext. 102 or email Dave@cpoministries.org.