Stock/IRA Giving

As we work to serve more children in need, we are grateful for your continued partnership. In response to your feedback, we are excited to present a new opportunity for you to make an even greater impact – and potentially enjoy tax benefits: donating stock or giving through your IRA.  

Why Donate Stock? 
When you donate appreciated securities, such as stocks, mutual funds, or bonds to FaithBridge, you may benefit in several ways:  

  1. Tax Advantages: By donating appreciated stock directly to FaithBridge, you can avoid paying capital gains taxes on the increase in value. Plus, you may be able to deduct the full market value of the stock at the time of the donation, subject to IRS guidelines.  
  2. Maximize Your Impact: Donating appreciated stock enables you to contribute more, as you can give the full value of your stock without incurring capital gains taxes. This means your gift goes further, supporting more foster and adoptive youth!  
  3. Simplicity: Donating stock is easier than you might think! We’ve made the process as simple as possible, and we’re here to guide you every step of the way.   

You can also donate stock from your IRA as a Qualified Charitable Distribution (QCD) if you’re 70½ or older. A QCD allows you to: 

  1. Avoid taxes on the distribution, as it counts toward your Required Minimum Distribution (RMD) but isn’t included in your taxable income.  
  2. Donate up to $100,000 from your IRA to support FaithBridge.  

The foregoing information is intended as general information only and is not intended as legal, tax, or other professional advice. Donors should consult their own tax professional(s) for specific legal or tax advice on this matter.   

Please contact Nate Elwell, Director of Development, at 404-543-2827 or nelwell@faithbridgefostercare.org for assistance with making a stock gift to FaithBridge.