More Ways to Give - Sandy Cove Ministries
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    More Ways to Give 

    Two More Ways to Give

    Stocks and Donor-Advised Funds

    Partner with us to bring the hope-filled message that Jesus Never Fails to individuals, groups, and families

    1. Stocks

    Giving a gift of publicly traded stock that has increased in value and that you have owned for more than one year may provide greater tax benefits than giving cash. Your charitable income tax deduction is equal to the fair market value of the stock and you avoid paying the capital gains tax on any increase in the current value over the original cost of the stock. You may also save by not incurring brokerage fees because you are transferring ownership rather than selling the stock.

    Your broker can assist you in making a gift of stock via a direct transfer to Sandy Cove Ministries. If you are interested in making a donation of this type, please note the following:

    • Receiving Institution: Charles Schwab
    • Receiving Institution Account Number: 9404-6789
    • Account Title / Registration: Morning Cheer Inc. DBA Sandy Cove Ministries (EIN: 23-0891430)
    • Contact Name: Thomas Ward
    • Telephone Number: 443-674-9490
    • Mailing Address: 60 Sandy Cove Road, North East, MD 21901
    • DTC Number: 0164

    Please inform our Development Office of stock transfers so that we can properly acknowledge your gift and forward information regarding your tax deduction.

    Phone: 1 (443) 674-9490