Gifts of Stocks and Securities

Unique Benefits of This Gift Type

Gifts of stocks or securities often confer significant tax benefits on a donor. For example, contributions of appreciated stocks or securities held for over a year are generally deductible at market value, regardless of what the donor paid for them. Moreover, the capital gains tax is avoided through such a gift. Ask your financial consultant about the advantages that a gift of stocks or securities can afford you in your particular situation.

How to Make a Gift of Stocks or Securities

Please contact Gary Seromik, our Director of Office Administration, and he will provide you with the information needed to make this type of gift.

(734) 662-1730 x121

Email [email protected]

How to Make a Bequest

Making a bequest is an easy and significant way to leave a legacy of faith. Simply add one of the following statements to your will:

U.S. Donors

“I give and bequeath to Renewal Ministries Inc., a non-profit corporation with the current address of P.O. Box 491, Ann Arbor, MI 48106-0491, and tax id 38-2385975, ______________ [written amount or percentage of the estate or description of property] for its unrestricted use and purpose.”

Canadian Donors

“I give and bequeath to Catholic Renewal Ministries, a non-profit corporation with the current address of P.O. Box 400, Station U, Toronto, ON M8Z 5Y8, and charity registration number 123740243RR0001, ______________ [written amount or percentage of the estate or description of property] for its unrestricted use and purpose.”

*Including the tax id or charity registration number will distinguish us from any other organizations with a similar name.

. . .

Questions?

Gary would be happy to answer any questions you might have related to making a bequest.

(734) 662-1730 x121

Email [email protected]

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