Planned Giving • DIOCESE OF BRIDGEPORT

Gifts of Stock or Appreciated Securities


How It Works

  • You transfer appreciated stocks, bonds, or mutual fund shares you have owned for more than one year to the Diocese of Bridgeport.
  • The Diocese of Bridgeport sells the securities and uses the proceeds for our ministry.
  • Use our Stock Transfer Form to facilitate the gift.

Benefits

  • You receive an immediate income tax deduction for the fair market value of the securities on the date of transfer (even if you originally paid much less for them).
  • You pay no capital gains tax on the transfer when the stock is sold.
  • Giving appreciated stock can be more beneficial than giving cash. The "cost" of your gift is often less than the deduction you gain by making it.

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The material on this website is not offered as legal or tax advice. Please consult with your professional advisors prior to any gift.
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