With the stock market at record highs, gifting stock may be a wise move for you to consider. You will receive a tax deduction for the fair market value of the gifted securities and eliminate paying capital gains tax. This is a great way for you to make your stewardship go further.
Below is the information you will need to make a gift of appreciated stock or mutual fund to PRMI:
Name of Organization: Presbyterian Reformed Ministries International
Tax ID # 73-1026057
PRMI Broker: Scott D. Roy, Edward Jones
Address: 151 North Highway 9 South, PO Box 1283, Black Mountain, NC 28711
DTC #: 0057
Account # :136-04783-1-5
Please be sure to let us know the name of the stock(s) and number of shares you are gifting so we can follow up with our broker to ensure that you are credited for the gift and receive the proper documentation for your tax deduction.
Jeanne Kraak, Financial Administrator
Consult your financial advisor or tax accountant if you have questions. You will be amazed at the benefits to you and ministries like PRMI. Thank you for your support!