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St. Joseph Center encourages
donations of stock, securities such as mutual funds, or other appreciated
assets because these donations can bring you significant
tax benefits as compared to a regular cash donation or a donation
of cash derived from a stock sale. For example, direct stock donations
help you avoid capital gains taxes and can help reduce your income
tax burden.
Electronic
delivery of stock shares is most secure and expedient, but you are
also welcome to transfer certificates directly. To transfer stock
to St. Joseph Center, you will need to provide the following information
for audit and acknowledgment purposes:
Name
and address
Name
and number of securities transferred
Specific
St. Joseph Center program(s) to which your gift should be directed
(if any).
For
the specific information your broker will need to facilitate a stock
donation and for details regarding electronic transfers, please
contact the Director of Community and Donor Relations at 310-396-6468
ext. 335.
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