If you intend to make a gift to support Catholic Charities’ work to help struggling families, it may be more beneficial for you to use appreciated stocks, bonds or mutual funds rather than cash.
Gifts of securities may provide special tax advantages. By donating appreciated securities that you have owned for longer than one year, you may receive an income tax deduction for the full market value of the securities. You may also avoid paying taxes on the capital gains built up in the donated securities.
The gift is made by simply instructing your broker to wire-transfer the securities directly from your account to Catholic Charities. Send a letter of instruction to your broker, including the name of the security, the quantity and the estimated value. Send a copy of your broker letter to:
Attention: Brian Gillen
2900 Louisiana Street
Houston, Texas 77006
or email to email@example.com
Receiving Firm: Frost Brokerage Services (clear through National Financial Services, LLC)
Recipient: Catholic Charities Gal-Hou
Account Number: 037-291769
DTC Number (National Financial Svcs, LLC): 0226
Your gift of appreciated stock to Catholic Charities will help ensure that no one faces life’s darkest moments alone. We couldn’t be where we’re needed most without the support from people like you.