Non-Cash and Deferred Giving

Make a powerful impact when you give stocks, bonds, or mutual fund shares to Open Arms International (OAI). Your partnership provides food, clothing, housing, medical care and education to vulnerable children in Kenya.

 

By donating securities owned for more than one year, you will avoid paying any capital gains taxes, your gift will support the ministry of OAI, and you will also receive a charitable contribution deduction. Plus, OAI will receive the full value of the stock, bond, or mutual fund shares to advance the ministry to our children in Kenya.  
 

To qualify for this special tax benefit, you must have held the stock for longer than one year. If the shares have been held for one year or less, your charitable deduction per IRS rules is limited to your initial investment. Another advantage to donating stocks, bonds or mutual fund shares may allow you to offset any losses against the gains that have been donated to OAI.  You may still use your losses (up to $3,000 a year) to reduce your regular income. For most people, this can produce a greater tax benefit since income tax rates on regular income are generally higher than on long term capital gains. The IRS does place limits the charitable deduction of the appreciated property so please consult with your tax advisor or accountant.