Stocks and Securities
Consider a Stock or Security Donation to Cardinal Ritter Prep
Direct gifts of stocks, mutual funds and other assets are simple for Ritter friends to make and can be very beneficial gifts for both Cardinal Ritter Prep and the donor. Donors can designate a stock donation as an immediate gift OR use the donation to establish a life-benefit gift such as a Charitable Gift Annuity or a Remainder Trust.
Donating appreciated securities to Cardinal Ritter Prep can produce a tax-advantaged charitable deduction for the donor. Most securities donated to Ritter are either common stocks or mutual funds.
The Finance Office handles all stock and security donations for Cardinal Ritter Prep. In most cases the donor instructs his or her financial adviser or broker to transfer the desired shares of stock to the Archdiocesan brokerage account and designates Cardinal Ritter Prep as the beneficiary of the gift. The Finance Office will provide the donor or the donor’s financial advisor with the relevant information concerning our brokerage account. Upon receipt of the stock, the Finance Office will credit the gift to Cardinal Ritter Prep's account. For more information about donating stock or securities to Cardinal Ritter Prep please contact Michael Salsich at (314) 446-5503 or email him at msalsich@cardinalritterprep.org.
Direct gifts of stocks, mutual funds and other assets are simple for Ritter friends to make and can be very beneficial gifts for both Cardinal Ritter Prep and the donor. Donors can designate a stock donation as an immediate gift OR use the donation to establish a life-benefit gift such as a Charitable Gift Annuity or a Remainder Trust.
Donating appreciated securities to Cardinal Ritter Prep can produce a tax-advantaged charitable deduction for the donor. Most securities donated to Ritter are either common stocks or mutual funds.
The Finance Office handles all stock and security donations for Cardinal Ritter Prep. In most cases the donor instructs his or her financial adviser or broker to transfer the desired shares of stock to the Archdiocesan brokerage account and designates Cardinal Ritter Prep as the beneficiary of the gift. The Finance Office will provide the donor or the donor’s financial advisor with the relevant information concerning our brokerage account. Upon receipt of the stock, the Finance Office will credit the gift to Cardinal Ritter Prep's account. For more information about donating stock or securities to Cardinal Ritter Prep please contact Michael Salsich at (314) 446-5503 or email him at msalsich@cardinalritterprep.org.
