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Clyde Lear's tax-smart business gift (Video)

by NCF staff  |  October 18, 2016  |  Type: Videos

Missouri businessman and founder of Learfield Communications, Clyde Lear, teamed up with NCF to maximize the impact of his business sale and send more to ministry, instead of taxes. He explains, “I gave [NCF] a lot of stock in Learfield, and then when we had the sale happen, they were the recipient of all that cash, and that went in our Giving Fund so we could give that money away later.”

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If you are currently writing checks to your local church and various ministries, but also have appreciated stocks or mutual funds in a taxable investment portfolio, you likely have a significant opportunity to pay less tax, give more, improve your ... read more
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