Gifts of Appreciated Securities (Stocks and Bonds)
Donating long-term appreciated securities, including stocks or bonds, is an easy and tax-effective way for you to make a gift to Southern Seminary. Making a gift of appreciated securities allows you to avoid potential capital gains tax and receive a charitable income tax deduction, in addition to making a significant gift to the seminary.
Gifts of Retirement Assets
Many retirement assets can be costly to inherit due to taxes, but they can be a smart and simple way to give. Donating part or all of your unused retirement assets such as a gift from your IRA, 401(k), 403(b), pension, or other tax-deferred plan is an excellent way to make a gift to Southern Seminary.
IRA Charitable Rollover – If you are age 70 ½ or older, you may distribute up to $100,000 a year tax-free when given directly from your IRA to Southern Seminary. This charitable distribution counts toward your annual minimum required distribution and is not reported as taxable income on your tax return.