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STOCK GIFTS

Stock gifts are the most tax advantage way to maximize your gift to a charity.  Typically Stocks are appreciated assets in which you owe federal and state taxes on when you cash out.  Instead donating them directly to charity maximizes your gift.

Benefits of gifts of stocks and bonds:

• Avoid paying capital gains tax on the sale of appreciated stock
• Receive a charitable income tax deduction
• Further our mission today

How to make a gift of stocks and bonds

For our transfer form and instructions, click here.

By electronic transfer - Please contact us for instructions on how you can transfer stock or bonds from your brokerage or investment account to Boys & Girls Clubs of Mercer County. 
By certified mail - If you hold securities in certificate form, you will need to mail two envelopes separately to complete your gift. In the first envelope, place the unsigned stock certificate(s). In the other envelope, include a signed stock power for each certificate. You may obtain this power from your broker or bank. Please remember to use certified mail.

More on gifts of stocks and bonds
There are special rules for valuing a gift of stock. The value of a charitable gift of stock is determined by taking the mean between the high and low stock price on the date of the gift. Mutual fund shares are valued using the closing price for the fund on the date of the gift.

Contact us:
If you have any questions about gifts of stocks and bonds, please contact us. We would be happy to assist you and answer any questions that you have.

GIFTS OF LIFE INSURANCE
A gift of your life insurance policy is an excellent way to make a gift to Boys & Girls Clubs of Mercer County. If you have a life insurance policy that has outlasted its original purpose, consider making a gift of your insurance policy to Boys & Girls Clubs of Mercer County. For example, you may have purchased a policy to provide for minor children and they are now financially independent adults.

Benefits of gifts of life insurance:

• Receive a charitable income tax deduction
• If Boys & Girls Clubs of Mercer County retains the policy to maturity, you can receive additional tax deductions by making annual gifts so that we can pay the premiums
• If Boys & Girls Clubs of Mercer County cashes in the policy, you will be able to see firsthand how your gift supports our charitable work
• If we retain the policy to maturity, or you name us as a beneficiary, once the policy matures, the proceeds of your policy will be paid to our organization so that we can use the proceeds to further our charitable work

How to make a gift of life insurance
To make a gift of life insurance, please contact your life insurance provider, request a beneficiary designation form from the insurer and include Boys & Girls Clubs of Mercer County as the beneficiary of your policy.

Contact us
If you have any questions about making a gift of a life insurance policy, please contact us. We would be happy to answer questions that you have.
Please let us know if you have already named us as a beneficiary of your life insurance policy. We would like to thank you and recognize you for your gift.
 
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You can also designate Boys & Girls Clubs of Mercer County as a partial, full or contingent beneficiary of your life insurance policy. You will continue to own and can make use of the policy during your lifetime. Your estate may benefit from an estate tax charitable deduction. Your deduction for the gift of life insurance will depend on whether the policy has increased in value above the premiums and whether the policy is paid up or there are remaining payments to be made