A gift to Saint Mary’s School of stock held more than one year enables a donor to
- avoid all capital gains tax on the appreciated portion of the stock;
- receive a charitable deduction for its full current market value;
- make a larger gift than might be otherwise possible.
Make your gift of stock to Saint Mary’s by transferring securities directly to Saint Mary’s broker at Merrill Lynch:
Joan Bentley
800-937-0634, 919-899-3623
joan.bentley@ml.com
Merrill Lynch
4242 Six Forks Road, Suite 1800
Raleigh, NC 27609
DTC #: 8862
Account #: 778-04257
Federal Tax ID #: 56-0532314
You can also send or deliver to Saint Mary’s the stock certificate(s) and a signed stock power of attorney in separate envelopes. For security purposes do not mail them together.
In order to properly credit your gift with the school, please have your broker inform our office about this transfer by calling 919-424-4104.