Give A Gift of Stock

Brethren Housing Association is blessed by many individuals, couples and families that generously support this work. Financial support is key to the vision God has entrusted to us…to redevelop properties in Harrisburg, and use the resulting housing to help homeless single moms get back on their feet. Most persons give to this ministry, whether to operational needs or capital improvements, through the traditional “check or cash” method of making a gift. And for those gifts we are most thankful! Yet others have discovered another means for giving, which can benefit both BHA and you! This is the giving of appreciated stocks. Here’s how it can work for you.

Example: Bill and Carol bought 100 shares of stock in a corporation in 1999 costing them $1,000. Now the stock is worth $5,000. Bill and Carol have decided to give a gift to BHA totaling $5,000. Normally they make their gifts in cash, but this year they are considering giving the stock directly to BHA. Here are their options (assuming a 35% income tax bracket):

Option #1:
Give $5,000 In Cash
Option #2:
Sell Stock and give cash proceeds
Option #3:
Give securities outright to BHA
Value of Gift $5,000 $5,000 $5,000
Ordinary Income Tax Savings $1,750 $1,750 $1,750
Capital Gains Tax Saved or Paid, assuming 15% tax rate N/A $600 paid $600 saved
Net Tax Savings $1,750 $1,150 $2,350

A significant tax savings for Bill and Carol comes when they give their appreciated stock directly to BHA. If you want to make this type of gift, download our Stock Gifting Form in PDF format to complete and mail in, or contact BHA at 717.233.6016.

Note: BHA is not engaged in rendering specific legal or tax advice, so we recommend you contact your professional legal or tax advisor when considering this type of gift.