Giving at Waterbrooke Church

• Tax Benefits: When you donate appreciated stock (held more than one year), you avoid paying capital gains taxes. That means the church receives the full value of your gift, and you may also claim a charitable deduction for the fair market value of the stock. Example: You buy 10 shares of stock at $50 a share for a total of $500. It goes up to $170 a share. If you donate it to the church, you get a charitable deduction of $1,700. You would not pay tax on the profit of $1,200 like you normally would if you sold the stock.
• Multiplying your impact: Because of the tax advantages, donating stock can stretch your gift further than if you sold the stock and donated the after-tax proceeds.

HOW TO GIVE STOCKS OR MUTUAL FUNDS

• Contact your broker. Fill out the stock donation form and send it to your broker.
• Let us know. Send a copy of the completed stock donation form to Waterbrooke and to our broker. (Instructions on the form).
• We’ll handle the rest. Once received by our broker, we will sell the stock and the proceeds will be put to work to fulfill our mission and ministry. We will send you the necessary paperwork to file for a charitable deduction.