Making a Gift Through Stocks or Appreciated Assets
How it Works:
You transfer appreciated stocks, bonds, or mutual fund shares you have owned more than one year to St. Elizabeth School.
St. Elizabeth School sells your securities and uses the proceeds for its programs.
If you wish to give stock or mutual fund shares to St. Elizabeth School by electronic transfer, please give your broker our account information:
Brokerage: Charles Schwab & Co., Inc.
Newport Financial Center
111 Pavonia Ave., East 3rd Floor
Jersey City, NJ 07310
Attn: Yolanda Allenyne
Account Name: St. Elizabeth School Foundation, Inc. (Cash Reserves)
Account Number: 3514-1069
DTC Number: 0164, Code 40
All deliveries MUST include client name and Schwab account number.
Detailed Delivery Instructions can be downloaded here.
Please email email@example.com when you make the transfer to we can accurately credit your account.
You receive an immediate income tax deduction for the fair market value of the securities on the date of transfer, no matter what you originally paid for them.
You pay no capital gains tax on the transfer when the stock is sold.
Giving appreciated stock could be more beneficial than giving cash.
If you are interested in giving to SES through a planned giving vehicle, please contact the SES Development Office at 410-889-5054, ext. 1152.