The first stock gift I ever received as a church treasurer was several shares of Coca-Cola Company stock from a wonderful member named Char. Char wasn’t a multi-millionaire. She was just like so many ordinary people that happen to own stocks, bonds, or shares of a mutual fund. You don’t need to have a Bill Gates in your church to receive a stock gift. Ordinary people make these extraordinary gifts each year. Because of Char’s example, I actually made my own stock gift a few years later to support the church’s capital campaign.
I was fortunate enough to have David Nash (a financial guru) to guide me on receiving this gift. Not every church will have a David Nash. You don’t need special knowledge to accept a stock gift. You just need the right connections. If you are a United Methodist in the Dakotas, the Dakotas United Methodist Foundation is your David Nash.
Check out the video below:
- Get help from Dakotas UM Foundation in receiving stock gift: https://www.dakotasumf.org
- Guidance from Center for Faith & Giving: https://centerforfaithandgiving.org/2016/01/receiving-gifts-of-stock/
- Guidance from ECFA: https://www.ecfa.church/Content/Donation-of-Investment-Securities-CHURCH