Guardian Angels Parish

Stewardship » Gift of Stock

Gift of Stock

Gift of Stock

Donating Stock to Guardian Angels
For many parishioners there are favorable tax advantages for donating appreciated stock to Guardian Angels Parish. By transferring appreciated stock directly to Guardian Angels the donor not only may take a deduction for the value of the stock but also avoid the capital gains tax. Please consult your tax professional to make sure that this applies to your specific circumstances.

How is stock given?

Electronic Transfer (DTC)

  1. Instruct your broker to transfer (not sell) the stock directly to the Guardian Angels account at UBS Financial Services. The transfer information is as follows:
    • DTC #0221
      UBS Financial Services
      Account # WL 10376
      FBO Guardian Angels
  2. Complete the attached Notice of Stock Donation and send it to (addresses on form):
    • Tim Donovan, Vice President, Investments
      UBS Financial Services
    •  Susan Boettner, Business Manager
      Guardian Angels Parish

Share Certificate Transfer

  1. The donor signs the back of the stock certificates or an authorization form provided by the broker.
  2. Complete the attached Notice of Stock Donation and have your broker send it and the stock certificates via registered mail to:
    • UBS Financial Services
      FBO Guardian Angels
      C/O Tim Donovan
      8044 Montgomery Road, Suite 200 W
      Cincinnati, Ohio 45236-2926
  3. Have your broker FAX the Notice of Stock Donation to:
    •  Susan Boettner
      Guardian Angels
      FAX (513) 231-0683
 

What Happens?

  1. UBS Financial Services has been instructed to sell donated shares as soon as possible.
  2. Guardian Angles will send the donor an acknowledgement letter.

 

We thank you in advance for your gift and support. If you have any questions, please call Susan Boettner, Business Manager, at (513) 624-8961.