Gifts of appreciated securities—including publicly traded and privately held stock and mutual funds—offer a two-fold tax savings as you are entitled to take a charitable deduction for the full current value of appreciated securities (held longer than one year), and also are able to avoid paying the capital gains tax that would be due if you sold the securities.
To initiate a transfer of securities held by a brokerage or commercial bank, notify your broker or bank that you intend to electronically transfer the securities to St. Louis de Montfort. Please also notify the accounting manager, Bob Stephanak, to ensure your gift is properly received and attributed.
St. Louis de Montfort Account
Wells Fargo Advisors
8888 Keystone Crossing, Suite 400
Indianapolis, IN 46240
Contact: Faith Vise
Account Name: St. Louis de Montfort
Account #: 7990-2124
DTC #: 0141
St. Louis de Montfort Federal Tax ID: 35-1460853