The Foundry Ministries Logo

Gift of Security/Stock

Even during periods of stock market turmoil, many people own publicly traded securities with long-term appreciation (held longer than one year). These assets are often the best to donate as they provide a greater tax benefit. In order to preserve maximum tax advantages, you should transfer the actual securities to us rather than the proceeds from a sale.

If you have stock losses, generally you should not contribute the stock but rather sell the stock yourself to realize the loss for tax purposes. You can then contribute the proceeds and take a charitable deduction. Mutual fund shares can provide the same tax advantages as gifts of appreciated stock. Mutual fund transfers often require several days, so plan ahead and initiate the transfer well before December 31 to receive year-end deductions.

Provide the following information to your broker:

The Foundry Ministries, Inc.

Gift of Stock Information

Bank Name: Wells Fargo Advisors
Account Name: The Foundry Rescue Mission
Bank A/C Number: 61099224
DTC Number: 0141
Contacts: John & Scott Howell 205.445.2058
Asst: Emily Curtis 205.445.2047

For more information, contact our Development Department at

Scroll to Top