Highland Park Foundation

Financial support for the work of the church is a vital aspect of discipleship.

Giving strengthens our relationship with Christ and prepares us to respond to God’s will. We believe all things belong to God and our offerings allow us to participate in God’s mission for the church as we creatively support those in need and those who work to share the joyful news of Christ’s redeeming love with the world.

There are several different ways to provide financial support other than a yearly pledge. Options that may be considered are:

Donating Appreciated Securities
Planned Giving Options
Stock Donations

Donating Appreciated Securities
The donation of appreciated securities (stocks, bonds, and/or mutual funds) to Highland Park Presbyterian Church’s Foundation offers unique advantages for both you the donor and our Church. This method of charitable giving has become increasingly popular in recent years.

*Long-term appreciated securities with unrealized gains (meaning they were purchased over a year ago, and have a current value greater than their original cost) may be donated to First Presbyterian Church and a tax deduction taken for the full fair market value of the securities— up to 30% of the donor’s adjusted gross income.
*Since the securities are donated rather than sold, capital gains taxes from selling the securities no longer apply. The more appreciation the securities have the stocks, bonds and/or mutual funds e greater the tax savings will be.
Your contribution of long-term appreciated securities — i.e. stocks, bonds and/or mutual funds that have realized significant appreciation over time — is one of the most tax-efficient of all ways to give. By taking advantage of the applicable tax incentives, donors can significantly increase the amount of funds available to them for giving—a win-win for both you the Church.
Please contact the church office for more information.

Planned Giving Options
Bequest – the easiest way to make a planned gift is through a bequest in your will. Designate a specific amount, a percentage of your estate, or a specific asset.
Retirement Accounts – traditional retirement accounts are usually heavily taxed as part of an estate. Reduce estate taxes by donating the account, maximizing benefits to your heirs.
Life Insurance – make FPC the beneficiary of an existing policy no longer needed for your family, or purchase a new policy which names FPC as the owner and beneficiary.
Real Estate – reduce capital gains and estate taxes by deeding your home to FPC and retain the right to live there for you or your family.
Life Income Gifts – charitable gift annuities, charitable remainder trusts, or pooled income funds provide you/your beneficiaries with income for life, while reducing certain taxes.
We recommend that you discuss planned giving options with your financial advisor or attorney to determine which would be most advantageous to you.
If you would like more information or to speak with someone about establishing a planned gift to the Highland Park Presbyterian Church Foundation, please contact the church office.

Stock Donation
If donating stocks is of interest to you, below are instructions on how to donate stocks to Highland Park Presbyterian Church
1. Donor advises their personal broker to deposit “X” shares of specific stocks together with Donor’s name into:

JPMorgan Clearing Corp.
For: Highland Park Presbyterian Church
Acct# 740-24319
DTC # 0352

2. Donor sends an E-mail to (rbrown.finances@highlandppc.comcastbiz.net) or call Russ Brown Director of Finance, advising of their donation of “X” shares of stock to the church. All donors will receive acknowledgement of gift with a corresponding letter for IRS purposes.