GIFTS OF SECURITIES & ESTATE
Gifts of Securities
A gift of stocks, mutual funds, or bonds is an easy way to maximize your charitable giving. There are significant tax advantages to donating gifts of securities, rather than selling shares and donating the proceeds. When you donate your stocks to MEDA, a charitable receipt is issued for 100% of the value of the gift, providing a greater potential deduction than the equivalent gift of cash.
Have you broker transfer funds directly to MEDA. A charitable tax receipt will be issued for the full value of the stock, mutual fund or bond on the date of transfer.
What you need to know:
Mennonite Economic Development Associates
33 N. Market St., Ste. 400 Lancaster, PA USA 17603-3805
Gifts of Estate
Leave your legacy with a gift in your will.
A charitable bequest is a gift that anyone can arrange at any life stage. It’s an easy way for you to impact the lives of entrepreneurs for years to come. Plus, your estate will benefit from an estate tax charitable deduction which will offset or eliminate the taxes on your estate.
Your attorney can include language in your will or trust directing that a gift be made to MEDA. There are many options available: you can leave all or a portion of your estate, donate securities, or designate MEDA as a beneficiary of a life insurance policy or RRSP or pension plan.