Many at Ankeny First have avoided capital gains tax by donating stock that has appreciated in value for more than a year. And while we don’t give solely to reap tax benefits, giving smartly enables you to increase your generosity, and have more left over to steward for other purposes.
Ankeny First maintains an investment account with Wells Fargo Advisors for the sole purpose of receiving gifts of stock. Below you can review a form with instructions for transferring your stock to the church’s investment account, taking specific note of Wells Fargo Advisor’s DTC#, the church’s EIN# and account number with WFA.
Discuss this option for giving with your trusted family and professional advisors to find out if it may be a smart fit for your personal situation. Feel free to call the church office or email [email protected] for additional assistance.