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Stock Donations |
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= Donating stock is a great way to support the work of St. Boniface Church = while realizing substantial tax benefits for you. You can help us whe= re the need is greatest by directing your donation toward the general fund = or any of our ministries can be supported by a stock donation with very lit= tle work on the part of the donor. A donation of stock often allows an= individual to claim a charitable income tax deduction for the full value o= f the stock while avoiding the capital gains tax on the appreciated value o= f the stock. Of course, the specific implications of the tax benefits= associated with your donation are best determined and explained by profess= ionals. With the combined benefits of a charitable deduction and redu= ced capital gains tax, it is often a prudent financial decision to donate s= tock to support St. Boniface Church. Stock transfers should be directed to:
Name: The Roman Catholic Archbishop= of San Francisco, a Corporation Sole, for the benefit of Saint Boniface Church in Sa= n Francisco.
Address: = ; 133 Golden Gate Avenue = &n= bsp; San Francisco, CA 94102 If additional documentation of tax-exempt status is required, please contact the rectory.
In order to receive the tax benefits, the= stock must be transferred directly to the Archdiocese. Selling the s= tock and then donating the proceeds will leave you responsible for any capi= tal gains taxes realized from the sale. You would, however, still be = eligible for the charitable income tax deduction. |