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Appreciated securities, whether they are stocks, bonds or annuities, provide the same benefit as a cash gift. The donor can avoid the Capital Gains taxes and many times the fair-market value of the appreciated securities can be deducted, if the donor held them for longer than six months. However, on average, donors will sell depreciated securities and give the cash proceeds to the School Sisters of Notre Dame. The donors are able to take a capital loss on the depreciation and still receive a charitable income tax deduction for the amount of cash donated.

Stocks can be transferred to the School Sisters of Notre Dame into our investment account. Regardless of what broker you use, there is no need to set up another account with your broker in School Sisters of Notre Dame’s name.

If you hold the securities in certificates, do not endorse the certificates. Please send the unendorsed certificates to Mission Advancement with a letter via first class mail, insured for the value of the stock. We will send you a stock power to be completed and signed, with your signature being guaranteed (usually by a bank official showing that this is indeed your signature.) The stock power should then be mailed to us via first class mail.

If you have questions or would like more information, please contact Mary Kay Murray, Resource Development Director for the Central Pacific Province who can be reached at 262-787-1037 or via email at  Mary Kay will provide the account number to make stock transfers and answer any additional questions.

Thank you for considering these opportunities to support
the mission and ministries of the School Sisters of Notre Dame.
Daily we remember you in gratitude and prayer.

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