Many people have discovered that their charitable giving can be enhanced by making gifts of stock. The process is easy, and offers benefits to both the donor and the recipient.
The Church Foundation has a brokerage account that provides a vehicle for donating gifts of stock to the Diocese of Pennsylvania, The Church Foundation, or any of the parishes, schools and other institutions within the Diocese of Pennsylvania.
"The Church Foundation offers an effortless system for our parishioners who want to donate stock via The Gifts of Stock and Designation Form." Washington Memorial Chapel
After the donor’s broker receives the Gift of Stock and Designation Letter form and makes the trade, the shares will be transferred to The Church Foundation brokerage account. The Church Foundation sells the stock immediately, and a check for the trade amount minus any fees incurred by The Church Foundation will be sent directly to the designated beneficiary. The Church Foundation then sends confirmation of the transaction and an acknowledgement letter to the donor, with a copy to the beneficiary.