Support the Work of BCA by Donating Stocks
A great way to support Bethlehem Christian Academy is through the donation of stock and securities. This helps Bethlehem Christian Academy accomplish its mission in Africa, and provides benefit to the donor as well.
How to Donate Stocks
Stock can be donated to Bethlehem Christian Academy using the following two methods.
Securities Transferred Electronically via a Stockbroker
Bethlehem Christian Academy’s Brokerage Information:
Bethlehem Christian Academy, Inc.
Tax ID: 45-2137461
Brokerage Name: Edward Jones
Account Number: 849-21899-1-8
Securities Transferred via Paper Certificates
Mailing Information for Paper Certificates of Stock:
Bethlehem Christian Academy
PO Box 483
West Plains, MO 65775
For security and delivery guarantee, please send paper certificates only via a certified delivery service that provides a delivery proof of signature.
Prior to your stock transfer, regardless of the method used, please contact us with information about your donation.
Tax Benefits of Donating Stocks
The contribution of stock is an itemized deduction for tax purposes similar to cash. This is a great option for those who are concerned about the significant gain that may have to be recognized on highly appreciated investments. Investments held for longer than one year can be donated to Bethlehem Christian Academy and the donor will receive a donation at the stock’s value at the date of the contribution.
Another great option has come about under the new tax law. With the standard deduction being raised to $24,000 for married couples filing joint for their tax return, many who were accustomed to getting benefit for the contributions as an itemized deduction learned that they were no longer qualifying for the itemized deduction as it was less than the standard. An option to consider, is to “bunch” your stock and cash donations into one year instead of over a period of time. Donating general cash or stock donations in one period instead of over the course of multiple years allows for a greater deduction in the current tax year and could allow for the contributions in total to be utilized as an itemized deduction.
A final option to consider are for those that are 70 ½ years of age or older who are required to take distributions from their Traditional and Roth IRAs. A Qualified Charitable Distribution can be made and allow the money to be donated directly to Bethlehem Christian Academy, tax-free. This is a great option for those who do not want to distribute to themselves out of their IRA, mainly traditional IRAs, due to the tax consequences.
These options are great tools to consider and discuss with your tax and wealth advisors, and they would be a great benefit to Bethlehem Christian Academy as we seek to share the hope of Jesus with orphans and impoverished children.
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor.