Whether it's 100 shares of blue-chip stock or a new high-tech gadget, the government allows you to deduct the gift of stock as a charitable donation. Giving a gift of appreciated stock also helps you avoid capital gains tax on the transfer. This double benefit means that you can leverage a larger donation by using appreciated securities rather than cash to make your gift.
For more information and to request stock transfer instructions, contact the Catholic Foundation at (915) 872-8412.
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499 St. Matthews Street
El Paso, TX 79907
Ph. (915) 872-8412
Fax. (915) 872-8411
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