Tax-wise way to donate stock

by Ten Talents Foundation | Dec 9, 2022 | Donor Advised Fund, Generosity, Stocks

Tax-wise way to donate stock

A simple, quick process.

The Ten Talents Foundation has a simple process in place to help you transfer your stock into a Donor Advised Fund with a 3-4 business day turnaround!

To begin the process, contact Ten Talents Foundation and we will provide you with transfer instructions that you can give to your financial adviser.

The adviser facilitates the sell of the stock and the money can then be transferred directly into your Donor Advised Fund. Therefore, the funds from the sale are not considered income and you do not have to pay income tax on the amount.

Interested in donating stock to a cause you believe in? Contact the Ten Talents Foundation today and we will help you through the simple process.

Contact Ten Talents

Don’t have time to make thoughtful gifts by the end of the year? Here’s what you can do.

by Ten Talents Foundation | Dec 9, 2022 | Donor Advised Fund, Generosity

Contribute to your Donor Advised Fund now. Distribute donations later!

Reduce stress & increase intentionality.

Do you have financial gifts you’d like to make by the end of the year, but you don’t have time to thoughtfully decide where you’d like to donate your gifts?

Having a Donor Advised Fund (DAF) through the Ten Talents Foundation, allows you to make one year-end tax-deductible gift to your Fund now and distribute the gift to various causes in the future!

For example: If you open and contribute to your Donor Advised Fund this December, you will receive a tax-benefit for the year the money was contributed to the Fund (i.e. 2024). You can then make gifts out of your Donor Advised Fund in 2025 and beyond!

This allows you to grow your Donor Advised Fund to meet a ministry’s specific need later, or have more time to pray about your giving rather than rushing into random year-end donations.

Interested in learning more about this process and launching your own Donor Advised Fund? Contact Ten Talents at (559) 387-5534, info@tentalentsfoundation.org, or by clicking the button below today!

Contact Ten Talents