Stocks, Bonds, IRAs and More!

Simple

Beneficial

Impactful

Stocks, Bonds, IRAs and More!

Simple

Beneficial

Impactful

Give a Tax-Smart Gift Today!

Your donation helps Catholic Charities serve our most vulnerable neighbors and may also provide you with a valuable tax benefit.

Giving appreciated assets like stocks, bonds or mutual funds can help you avoid paying capital gains taxes and can give you an income tax deduction for the full value of the gift, if you’ve had the assets for more than one year.


Give appreciated assets now and enjoy the benefits, or add us as a beneficiary of these assets and eliminate estate and inheritance tax, making the most of your gift.

Stocks, Bonds & Mutual Funds

How it works


  1. Transfer appreciated securities directly to Catholic Charities..
  2. Receive a tax receipt for the value of the assets.
  3. The securities are sold and the funds put directly to use for greatest impact.



Please ask your broker to include your name on the transaction. This allows us to supply you with the appropriate tax documents.

Process


Ask your broker to donate through:


  • Broker: Bernstein Global Wealth Management
  • DTC Number: #0013
  • Account Name: Catholic Charities of the Diocese of St. Cloud
  • Account Number: 037-70837
  • Catholic Charities Tax ID: 41-0737799



Benefits

  • Gifts of assets can often save you more on taxes than gifts of cash
  • Avoid capital gains taxes
  • Receive an income tax deduction for the value of the assets (if you’ve had them for more than a year)
  • Make an immediate impact on our mission


Put Your IRA Charitable Donation to Work


A qualified charitable distribution from your Individual Retirement Account (IRA) supports the life-changing work of Catholic Charities in your community.

  • Benefits of a Qualified Charitable Distribution

    • A qualified charitable distribution excludes the donation amount from your taxable income, potentially earning you significant tax breaks.
    • Lower taxable income may reduce the impact to certain tax credits and deductions, including Social Security and Medicare.

  • Securities Transfer Process

    Instruct your IRA administrator to transfer funds to the charity, or charities, you designate. Payment should be sent directly from your IRA to Catholic Charities via a qualified charitable distribution (QCD).


    To transfer shares directly to Catholic Charities of the Diocese of St. Cloud's brokerage account, provide your broker/advisor with the following information:


    • DTC Number: #0013

    • Account Number: 037-70837

    • Broker: Bernstein Global Wealth Management

    • Catholic Charities Federal Tax ID: 41-0737799

    • Catholic Charities Minnesota State Tax ID: 8437916


    Please ask your broker to include your name on the transaction. This allows us to supply you with the appropriate tax documents.


  • Requirements and Restrictions

    • Donor must be 70½ or older.
    • Gifts must be made directly from an IRA to a 501(c)(3) charitable organization. Gifts from 401(k), 403(b) and 457 plans are prohibited.
    • All charitable gifts combined may not exceed more than $100,000 per taxpayer, per year.
    • Gifts may not be made to a donor advised fund, supporting organization or private foundation.
    • Gifts are not included in taxable income, and no charitable deduction is allowed.

Your Impact

1,962 Volunteers

Provided 160,818 hours of service

351,150 Meals

Served to seniors aged 60 and older 

1,296 Individuals

Received supportive living and housing services 

2,452,788 lbs. Food

Provided to individuals and families