Employer Donation Matching
Some employers (particularly larger businesses) have a donation matching program for employees by which the employer will match donations given by an employee to a non-profit organization. Check with your employer—you could double your donations to the building fund!
There are potentially significant advantages to donating stock. With the stock market near an all‐time high, this may be a good opportunity. The tax benefits can be substantial if you have owned securities for longer than a year and they have appreciated. By donating stock, you will avoid paying the capital gains tax, and you could be eligible for a charitable contributiondeduction equal to the fair market value of the stock. This works best for those whose marginal tax bracket is 12% or higher and who claim itemized deductions. But please consult your tax advisor to be sure about your specific situation.
Please contact Mark Donovan (firstname.lastname@example.org or 502‐855‐7701) for any questions. Sovereign Grace Church of Louisville has a brokerage account with Fifth Third Securities to which donated shares can be transferred (a transfer authorization form is here).