GIVING

Grace Community Church can accept stocks as donations via our partnership with Frederick Financial Partners Inc.

 

If you have stock that has appreciated in your brokerage account, you can donate that stock by initiating a transfer with the following information:

 

Why donate stock to Grace Community Church?

By donating long-term appreciated stock (held more than 1 year), you may receive a Capital Gains Tax Exemption on your federal or state taxes. You avoid paying 100% of the capital gains tax you would owe if you sold the stock directly.

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In addition, if you itemize your tax deductions, you will receive the full fair market value deduction based on the number of shares at the prices of the stock on the day the brokerage receives the stock. You may deduct up to 30% of your Adjusted Gross Income for the year you donated the stock and may carry over the remainder for subsequent 5 years.

 

In January of the following year you will receive a giving statement meeting the IRS requirements listing the date of the transaction, the Stock Ticker name, the number of shares

 

IRS Reporting Requirements as of 2026. (Not considered tax advice.)

• $250 or more: Receives a written acknowledgment from Grace Community Church

• Over $500 up to $5,000: Requires you to file IRS Form 8283 (Section A) with your Form 1040

• Over $5,000: Publicly traded securities are exempt from a formal appraisal, but still require form 8283.