Potential tax benefits and caring about KARM’s mission are two reasons many donors make gifts of appreciated assets such as stocks, bonds, mutual funds, or exchange-traded funds:
Potential Tax BenefitsIf you are itemizing deductions on your tax return, you may be eligible for a charitable deduction of the full value of your gift. Even if you do not itemize, donating an appreciated asset can help you avoid paying taxes on capital gains.
Caring About KARM’s MissionMany donors find they’re able to give more generously when they donate appreciated assets than when they give cash. That generosity means KARM is able to achieve more and advance our mission to restore lives in Jesus’ name.
KARM Stock Giving Information
To obtain KARM’s account information for a stock gift, please contact Les Fout, Senior Stewardship Advisor at (865) 633-7643 or email@example.com.
Of course, always discuss donations with a tax consultant to maximize your benefits. Thank you for your interest in supporting KARM via a stock gift.