Making a donation of stock or other publicly traded securities can be an excellent way to support Crossway’s global mission. Crossway welcomes gifts of stock or other publicly traded securities. If securities have been held for more than one year and are donated directly to Crossway, you can make a gift to support the ministry, avoid the capital gains tax you would pay if the stock were sold, and claim a charitable income tax deduction for the current fair market value of the asset. A little planning can help you take full advantage of the tax benefits allowed.
To make a gift of stock or other publicly traded securities, simply inform your brokerage firm of your desire to donate the desired securities and request that they transfer the securities to Crossway’s brokerage account, providing the information listed below:
| Brokerage: | LPL Financial |
|---|---|
| Brokerage Address: | Attention: Stock Transfers 1055 LPL Way Fort Mill, SC 29715 (630) 352-6943 |
| Account Corporation: | Good News Publishers |
| Account #: | 77386611 |
| Depository Trust Company (DTC) # (for electronic transfers): |
0075 |
| Crossway’s Tax Identification # (FEIN): | 36-1143987 |
Please be sure to contact a member of Crossway’s Advancement team to notify them of your gift. This will help to ensure your donation is designated and receipted appropriately. You can contact Crossway at 1-630-682-4300 and ask to speak with a member of our Advancement team, or you can reach us by email at giving@crossway.org.