Making your gift of stocks, bonds, and mutual funds

Making a gift of appreciated stock is easy with the help of your tax or financial advisor. Donations of appreciated securities or mutual funds help Catholic Charities serve the most vulnerable populations while offering tax benefits to you, the donor. It’s also one of the most tax-savvy ways to give. If you donate stock, your gift goes further than if you sold that stock and donated the proceeds.

Benefits:

• You are eligible for a charitable income tax deduction on the fair market value of the securities on the date of transfer
• You pay no capital gains tax on securities you donate that you’ve held for more than one year
• Donating stock can help you maximize your benefits while keeping cash on hand for you to use when you need it.
• You can rebalance your portfolio. As always, we recommend that you consult your tax or financial professional for advice before making charitable donations.