Donating stock to Josephinum is easy to do, and may result in tax savings for you. Gifts of appreciated securities held for over a year are generally deductible at market value and may be exempt from capital gains tax. If your securities are held in a brokerage account, your broker can electronically transfer the shares to Josephinum's account at Merrill Lynch. Please complete this Stock Donation Form and provide to your broker as noted.
So that we can properly credit your gift, please inform Josephinum's Development Office that you are making a stock gift by calling (773) 292-3964 x233 or by email at firstname.lastname@example.org. Please be prepared to provide the name of the stock, the number of shares, and the transferring broker. Let us know if your gift is to be used for a particular area of interest, such as scholarships or capital improvements. You will receive a written gift receipt from Josephinum. The gift date is the date that our account received the transferred shares, and the gift value is based on the average price of the stock on the gift date.