Giving Stock Makes Good Financial Sense
Donating stock to St. Peter Claver is a meaningful, effective way of support. It makes good financial sense, too. Giving stock held more than 12 months offers a two-fold tax savings. If the stock has appreciated in value you will see significant income-tax savings, since there is no capital gains tax when appreciated securities are given to a nonprofit.
St. Peter Claver welcomes all stock and mutual fund transfers, with no minimum requirements. Stock brokers require instructions in writing. This form will help you make the transfer.
You will need to provide one copy of the form to your stock broker, and mail, fax or email one copy to Ascension Catholic Academy Central Office (address and fax provided on the form). Church of the Ascension will receive the stock gift, but you can be assured it will be designated for St. Peter Claver School.
It is important to notify us when you have completed your request to your broker to ensure that your gift is properly credited. If you have any questions on gifts of stock, please call Laura Wagner, Chief Advancement Officer, at 612 424-6206.