Stocks and Securities Donations
Stock transfers can benefit the parish. Direct gifts of stock and mutual funds are simple and are often more advantageous for the donor than outright gifts of cash. The actual donation process is usually quite simple.
Gifts of Appreciated Stock
- There are many advantages to donating closely-held stocks and mutual funds as a method of tithing to Good Shepherd. If you have owned publicly traded or closely-held stocks for "more than one year," they are considered appreciated assets and can be transferred directly to Good Shepherd. In return, you as the donor can receive an immediate income tax deduction for the current fair market value of the stock and you avoid paying capital gains tax on the gift.
- To complete the transfer of a gift of stock to the Church, the stock must be transferred (not sold) to the archdiocesan brokerage account to benefit Good Shepherd. To ensure proper posting and crediting of the stock transfer gift, please read pdf Stock Transfer Information (142 KB) .