Stocks and Securities

Stock transfers can benefit the parish,school, or agency of your choice

Direct gifts of stock and mutual funds are simple and, as compared with a gift of cash, are often advantageous from the donor’s perspective. Donors can make an immediate outright gift of stock or use stock to fund a more sophisticated planned gift, like a gift annuity.

Appreciated Stock

With stock that has appreciated in value, the donor must give the stock directly to the charity to realize these benefits. If the donor sells the stock and subsequently gives the proceeds to the charity, he or she will be responsible for paying a capital gains tax on the profit.

Depreciated Stock

With stock that has depreciated in value (i.e., stock whose value is less than its original cost to the donor), the optimal charitable gift process is reversed. The donor should sell the stock first and then donate the proceeds. This way, the donor can derive the income tax benefit of the capital loss.

The actual donation process is usually quite simple: The donor instructs his or her own investment advisor or broker to transfer the desired shares of stock to the Archdiocesan brokerage account and designates the particular Archdiocesan parish, school or agency that is to be the beneficiary of the gift. The Archdiocese will provide the donor or the donor’s advisor with the relevant information concerning its brokerage account. Upon receipt of the stock, the Archdiocese will credit the gift to the account of the Archdiocesan beneficiary.

Contact Us for More Information

For additional information on charitable gifts of stock to an Archdiocesan organization click here, or contact the Chief Development Officer.

IRS Circular 230: Charitable giving has tax implications. Please consult your personal tax advisors and please click here to review important tax disclosures.