Gifts of Appreciated Stocks, Bonds, and Mutual Funds

If you intend to make a gift to support the ministries and work of St. John the Baptist Catholic Church, it may be more beneficial for you to use appreciated stock, bonds, or mutual funds rather than cash because of potential tax savings.

BENEFITS

• You receive a charitable income tax deduction equal to the current fair market value of the securities on the date of the gift, provided you’ve held them for more than one year.
• If you sell appreciated securities, you’ll likely pay capital gains tax on the increase in current fair market value over the original cost which could cause you to lose a portion of the proceeds. By gifting those same securities to St. John the Baptist Catholic Church, you’ll avoid paying capital gains tax and St. John the Baptist Catholic Church will be able to liquidate those securities and receive 100% of the proceeds from the sale.
• The gift is made by simply instructing your broker to wire-transfer the securities directly from your account to St. John the Baptist Catholic Church.

For assistance with planning a gift of appreciated stocks, bonds, and mutual funds that will benefit St. John the Baptist Catholic Church now or in the future, contact:

Tony Manrique, Director of Parish Advancement, at (714) 540-2214 x160 or at [email protected]