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Charitable Giving

Gifts of stock

One of the most beneficial ways to contribute to your favorite charity is through a gift of stock. Through gifts of securities, you can avoid capital gains taxes by donating the shares directly to charity.

You may give a gift of stock or mutual fund shares to Mennonite Foundation, an affiliate of Everence. We turn your contribution into cash, which can then be put into a donor advised fund, gift annuity or charitable trust. If your donation is placed in a donor advised fund, the money is available for distribution to charities you recommend at any time you wish. If your donation is placed in a charitable trust or gift annuity, payments from the trust or annuity will be paid to you or your beneficiary as long as you live. The balance of the trust or annuity will be transferred to charities you recommend upon your death or the death of your beneficiary.

Advantages

  • Get an immediate tax deduction.
  • Avoid capital gains tax.
  • We convert your stock or mutual fund shares to cash.
  • We handle all the paperwork and record keeping.

To learn more about how you can give a gift of stock, contact your local Everence charitable services representative.

Note: Your gift represents an irrevocable contribution to Mennonite Foundation (an affiliate of Everence) and is not refundable to you. Assets contributed to the donor advised fund, gift annuity or charitable trust become the property of the foundation, and the donor retains no legal control over the gift. Instead, the donor is entitled to give non-binding advice to the foundation about the distribution of the funds.