Publicly Strated Securities (Stocks)
Publicly Strated Securities (Stocks)
The gift of publicly traded securities is a wise way to make a charitable donation to Saint Dominic , a 501(c)(3) charity, because it offers two-fold tax savings. It provides you with an income tax deduction (equal to the fair market value at the date of transfer) and may reduce capital gains tax. To transfer stock, please request transfer instructions by calling the Development Office at 516-922-4488 ext. 2201. Please inform us which securities and the number of shares that you will be transferring. The Church of Saint Dominic's tax identification number is 11-1829148.
The gift of publicly traded securities is a wise way to make a charitable donation to Saint Dominic , a 501(c)(3) charity, because it offers two-fold tax savings. It provides you with an income tax deduction (equal to the fair market value at the date of transfer) and may reduce capital gains tax. To transfer stock, please request transfer instructions by calling the Development Office at 516-922-4488 ext. 2201. Please inform us which securities and the number of shares that you will be transferring. The Church of Saint Dominic's tax identification number is 11-1829148.