The value of the stock market has increased dramatically since 2009, and volatility has increased.
Do you have stocks, ETFs or mutual funds that have increased significantly in value? Are you considering selling them but are concerned about capital gains taxes?
There is a solution! Give a gift of appreciated securities to Catholic Answers.
How It Works
When you sell appreciated securities, you are normally taxed on the gain in value since you purchased them. However, if you donate those appreciated securities to Catholic Answers, your gains are not taxable. In fact, you will receive a charitable deduction for the full, fair-market value of the securities as of the date of the gift. To qualify, you must have held the stocks or bonds for more than one year.
Your financial advisor or advisory firm can even wire the shares directly to Catholic Answers’ investment account (see below).
How Do I Get Started?
In order to make a gift of securities to Catholic Answers, please call 619-387-7200, and ask for David Matheson([email protected]). They will provide instructions for you or your financial advisor to wire the gift directly to our Wells Fargo investment account.