By transferring stock to St. Christopher’s, you can make a larger gift than if you sold the stock and gave cash to the School.
Reduce Capital Gains
By making a gift of stock, you avoid paying capital gains tax on the shares you transfer.
Receive Favorable Income Tax Benefits
You are eligible to receive an income tax deduction for the full fair-market value of the stock at the time of the gift.
Consider a Charitable Gift Annuity
List of 4 items.
Fixed Annuity Payments
In exchange for your deductible gift of $25,000 or more (cash or securities), St. Christopher’s will make fixed annuity payments to you and/or your beneficiary for life or a term of years.
Partially Tax-Free
Annuity income that you and/or your beneficiary receive is partially tax-free.
One-Time Distribution from IRA
Individuals can now make a one-time distribution up to $50,000 from their IRA to a Charitable Gift Annuity.
Many employers sponsor matching gift programs and will double or even triple their employees’ charitable gift contributions up to a certain amount. Search below to find out if your employer will match your gift.