Other Ways to Give

Perhaps you have an old stock certificate that your grandmother gave you years ago. Or some shares of a mutual fund in a brokerage account that have appreciated in value. You would like to do something with the security but you know that if you sell it, you will have significant capital gains. What can you do?

APPRECIATED SECURITIES MAKE A GREAT GIFT 

One possibility would be to make a gift of the stock or mutual fund to a charitable organization like St. Bart’s. If you do this, you may be able to take a charitable deduction for the fair market value of the security at the time of the gift. And you will not have to report any capital gains on the gift.

COLORADO EPISCOPAL FOUNDATION MAKES GIVING EASY 

If you would like to make a gift of stock or a mutual fund to St. Bart’s, you can use the Colorado Episcopal Foundation to help you facilitate the transaction. Their website is: coef.org. They will work with you and your broker/financial advisor to get your security transferred, get it sold, and get the proceeds to St. Bart’s. You will download a form from the Colorado Episcopal Foundation site, fill it out and give it to your broker/financial advisor. Make three additional copies of the filled out form, one for your records, one which you will mail to the Colorado Episcopal Foundation, and one which you forward to the Treasurer or church bookkeeper.