Stock Gifts
To transfer a gift of securities submit a completed LETTER OF INTENT form to your broker, and to assure that your gift will be properly identified and applied to your intended purpose please send a copy to the Archdiocese.
Gifting Stock to the Church
Donating appreciated stock is a smart and impactful way to support the mission of the Church.
Benefits to You:
Tax Efficiency: You may avoid capital gains taxes on the appreciated value of the stock.
Charitable Deduction: You can typically claim a charitable deduction for the full fair market value of the stock (if held for more than one year).
Larger Impact: Because of the tax savings, giving stock may allow you to make a more generous gift than if you donated cash.
How It Works:
Contact your broker to initiate a stock transfer.
Provide the church’s brokerage information (available from the parish office).
Notify the church of the gift so it can be properly acknowledged and directed to the intended purpose (i.e. General Offertory, Food Pantry, Parish Endowment, etc.)
Important Note: Always consult your tax advisor to ensure the gift is structured in the most beneficial way for your situation.