Donating Appreciated Stock
You can donate shares of appreciated stock to St. Katherine. Donating stock to charity can be an excellent tax planning strategy, and you may be able to enjoy two tax benefits:
You avoid the capital gains tax you would pay if you sold the stock.
If you itemize deductions, you can claim a charitable deduction equal to the stock's fair market value.
St. Katherine is a registered 501(c)(3) organization, so it can sell donated stock at fair market value without paying tax. Please note that St. Katherine does not hold gifted stock; we sell it right away and deposit the proceeds.
Consult your tax advisor for more information.
How to Give Stock
Use the Stock Gift Transfer Form and email any questions to pccouncil1@st-katherine.org.