Stock Donation

Stock Gifts

Donating appreciated stock will cost you less than making the same donation in cash. If you sell the appreciated stock you must first pay the capital gains tax and then donate the after-tax portion. When you donate appreciated stock you can deduct the full value of the stock and avoid paying the capital gains tax. The church receives the full value of the stock because, as a charitable organization, it is not required to pay the tax.

How Do I Donate Stock?

If your stock is held by your broker, it is as easy as a telephone call. /files/images/staff/Haug,-Marcus.jpg

Contact Marcus Haug or 651-797-7978   to receive the broker account number for North Heights. Then your broker merely transfers your stock to the account of North Heights. If you hold the stock certificate, send your certificate to North Heights, and we can assist you in signing a stock power and do the rest.

Click Here To Download Stock Donation Form

Giving To North Heights

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