Stock and IRA Charitable Gift Donations
A gift of your securities, including stocks mutual funds and IRA Charitable Rollover Distributions are an easy way to make a gift to the Church. By making a gift of your appreciated securities or retirement account, 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.