Thank you for requesting to donate Stock to Coptic Cross Ministries. Your donation will positively transform the lives of so many poor Coptic families in Egypt.
In addition to making a greater philanthropic impact for the poor Coptic families in Egypt and leaving a legacy for you and your family, donating a Stock to Coptic Cross, as a 501(C)3 organization, will help you in the following ways:
1. Eliminate the capital gains tax you would incur if you sold the assets yourself and donated the proceeds, which may increase the amount available for charity by up to 20%.
2. You may claim a fair market value charitable deduction for the tax year in which the gift is made and may choose to pass on that savings in the form of more giving.
Again, thank you very much for deciding to donate Stock to Coptic Cross Ministries and for making the positive difference in this world, we truly appreciate it. We will get in touch with you to help you throughout the process.
Coptic Cross Ministries Team