Tax-Smart Giving: Gifts of Stock
The gift of stocks or other securities to St. John the Divine can have a significant tax benefit by avoiding capital gains taxes. It can also provide you with more spendable income when you replace your cash donation with an appreciated stock gift. For stocks held more than a year, you will receive a charitable deduction for the full market value of the stock or other asset at the time of the gift, and neither you nor the church pay capital gains or other tax on the proceeds.
To give stocks or securities PLEASE COMPLETE BOTH THESE STEPS:
- Contact your broker and give them the information on the form in step 2. Stocks should be transferred to the SJD account #AUW107167 DTC 0443. The DTC number is 0443.
- (a) Download this PDF document, complete the form and return it to:
Marilyn Patterson, Director of Accounting
St. John the Divine
2450 River Oaks Blvd.
Houston, TX 77019
-- OR --
(b) Fill in the form below and click SUBMIT to send the information to SJD. We must have all this information to properly credit your pledge and allocate your gift according to your intentions:
Please direct questions regarding stock transfers to Ms. Patterson at firstname.lastname@example.org or 713.354.2215.