A gift of long term appreciated publicly traded stock may entitle you to an income tax charitable deduction for the fair market value of the stock on the effective date of the gift and also avoid capital gains tax. In many cases it is more advantageous for you to donate the securities to a qualified organization than to sell the securities and donate the cash proceeds. However, we recommend that you consult your tax advisor for additional information.
To transfer stock to the Notre Dame Sisters:
- Instruct your broker to transfer shares of stock to the Notre Dame Sisters using the following information:
- Contact Sandra Koch, VP of Advancement, at 402.455-2994, or email her at firstname.lastname@example.org, to ensure the Notre Dame Sisters are aware of your pending stock transfer.
- Upon receipt of the transfer, we will issue a stock transfer receipt to you. The gift is valued as the fair market price of the stock on the day of the transfer.