Giving securities is one of the most effective ways to give from a tax planning perspective. Giving publicly traded securities to Sisters of Providence that were purchased over a year ago and have increased in value can be an especially attractive way to fund a donation. A donor may benefit from a charitable deduction equal to the value of the securities. In addition to the tax deduction, capital gains tax is not due on gain in the donated securities.
|Information for Electronic Stock Transfer to Sisters of Providence|
|Legal Name||Sisters of Providence of Saint Mary-of-the-Woods Indiana|
|Financial Institution||Terre Haute Savings Bank|
If you need assistance, please contact Connie Gualano, Planned Giving Manager (812-535-2811) or Harve Schlachter, Director of Development (812-535-2801) for instructions on gifting securities to the Sisters of Providence. The fax number is 812-535-1009. We will work with your broker regarding transfer instructions to help facilitate the transfer of your gift.
Thank you for your support of the Sisters of Providence.