A gift of your securities, including stocks or mutual funds, is an easy way to make a gift to the Church. By making a gift of your appreciated securities, you can avoid paying capital gains tax that may otherwise be due if you sold these assets. Contributions are deductible for tax purposes. There are no transaction fees or other costs and the full value of the sold securities benefits the parish, school or other Catholic charities you select.
For more information on making a gift please visit the diocesan website at www.sdcatholic.org and click on Giving – Stock Donations at the top of the screen. Or, call Merrill Lynch, the diocese’s broker, at 800-844-0720.
Year End Giving
Why Give At Year End?
The beauty of the Christmas seasons brings us many reminders of God’s abundance and generosity.
It also gives us opportunities to spend time with family and friends and is the perfect time to reflect and give thanks for the many ways God has enriched our life.
Additionally, since tax laws intentionally encourage charitable giving, individuals who itemize their deductions can further reduce income taxes for 2015 if a gift is made by December 31.
Purpose for Year-End Giving
- Sometimes gifts at year-end are lump sum contributions to complete a pledge or long-term commitment.
- Some offerings at year-end are gratitude gifts or memorial gifts.
- A gift above and beyond a regular contribution can help your parish fulfill its mission commitments and serve the Greater Glory of God more abundantly.
- To honor the memory of a loved one with a gift is a very appropriate and meaningful way to give thanks for that person and celebrate their life during the holiday season.