Securities, Stocks and Mutual Funds
Gifts of appreciated securities, including publicly traded stocks and mutual funds, can be a tax-efficient way to support St. Francis Xavier Catholic Church. When you donate eligible securities held for more than one year, you may be able to claim a charitable deduction based on their fair market value and avoid capital gains tax on the appreciation.
To make a securities gift, contact your broker or financial institution for assistance.
Please also notify Patsy Donahue, Director of Finance, before initiating the transfer so she can provide the necessary transfer instructions and ensure your gift is properly received and credited. If you are considering a gift of privately held stock or other non-publicly traded securities, please contact the church before making arrangements, as additional requirements may apply.
Merrill Lynch, Pierce, Fenner & Smith Inc
569 Brookwood Village, Suite 501
Birmingham, AL 35209
Contact at Investment firm: Bonnye T. Paul, Registered Sr. Client Associate
phone: 205-326-9699
email: bonnye_paul@ml.com
SFX’s Account Name: St. Francis Xavier Catholic Church, Birmingham
Account #: 524-03286
DTC #: 8862
St. Francis Xavier Federal Tax ID: 86-3464738
Givers are encouraged to consult with their financial advisor or tax professional on their donation. St. Francis Xavier Catholic Church does not provide tax or investment advice.
