Due to the strength of the stock market, now is an excellent time to give a gift of appreciated stocks to Chosen People Ministries. The chart below provides an example of how you can save money on taxes and empower us to have a greater ministry impact. As you will note, you can receive a tax deduction for the fair market value, as well as increase your impact by donating the stocks rather than the proceeds from their sales.

As you may know, Congress has passed permanent IRA rollover legislation which allows individuals age 70 ½ or older to withdraw funds (up to $100,000) from their IRA and make a charitable gift without adding a penny to taxable income. This also counts as your required minimum. To make a rollover gift to Chosen People Ministries from your IRA, please speak to your financial advisor or request the forms from your IRA custodian.