Have you considered the benefits of donating securities? The Stock Market has been buoyant, but as we know, it is unpredictable. If your securities have appreciated, perhaps now is a good time to consider donating stock to the Dominican Sisters of Mary, Mother of the Eucharist.
While we recommend you consult your financial advisor before making any such gift, some of the benefits of donating appreciated stock to our community can include:
- Taking a charitable deduction equal to the market value of the donated shares for those itemizing deductions.
- Locking in investment gains prior to any potential stock market down-turn without having to pay capital gains tax.
- Using the donation to establish a Charitable Gift Annuity to generate income to you for the rest of your life.
- The ease in making such a stock transfer.
- The satisfaction of supporting our many Sisters preaching and teaching the Truth to all whom they encounter.
For transfer instructions, please contact Bob Marcarelli at our Mission Advancement Office at (734) 930-4222 or email [email protected]