Donate Stock to Holy Family
Did you know that you can donate securities directly to Holy Family?
Donating a security that has appreciated in value since acquiring it can provide you with an itemized charitable deduction, avoid capital gains taxes and reduce your personal income tax, all while providing valuable resources to Holy Family to help fulfill the parish mission and outreach efforts.
How This Can Help
A gift of appreciated securities can support Holy Family while also offering tax advantages depending on your financial situation.
- An itemized charitable deduction
- Avoidance of capital gains taxes
- Reduction in personal income tax
- Direct support for Holy Family’s mission and outreach efforts
Consult your securities broker, tax planner or financial planning professional for assistance.
Example
Here is the example currently provided for how a stock gift may work.
- Acquired 100 shares of XYC Company at $30/share $3,000
- Stock appreciated in value to $45/share $4.500
- Capital gains $1,500
- Donate shares directly to Holy Family
Charity receives: $4,500
Capital gains tax avoided: $214 (4500-3000) x 14%
Personal income tax savings: $1,250 4500 x 28%
Ready to Review the Transfer Instructions?
Use the button here to open the securities transfer instructions for stock donations to Holy Family.