Another opportunity to support GFA's ministry through the Harvest Foundation is to give restricted securities, or securities that may have restrictions of sale.
By donating publicly traded restricted securities to GFA’s Harvest Foundation – instead of selling them and then donating the proceeds – you may be able to avoid capital gains tax and receive a deduction for their current fair market value. National Christian Foundation (NCF) assists you by reviewing the gift for transfer and works toward removing restrictions for sale and facilitating the liquidation of the securities. Approximately 95% of the net proceeds are then distributed to GFA’s Harvest Foundation for use according to your expressed preferences within the ministry.
Note: You should consult with your tax advisor to determine the value of your charitable deduction for donated restricted securities.
If you have any questions or wish to start the process for your gift, please fill out our contact form, or call GFA's Harvest Foundation at 800-946-2742.
All gifts are subject to GFA World's Gift Acceptance Policy.
DISCLAIMER: This web page is designed to provide information and illustration of the subject matters covered. It is not intended, nor should it be used as legal, accounting or other professional advice. It is always a good idea to seek legal and tax advice from your professional advisor(s).