Stock Donations

Before you initiate a transaction, contact Jessica Wilcox at (712) 233-7565 or [email protected] to notify us of the intended donation.

We will provide the MLTF account information to you or your broker to initiate the transfer of the stock to MLTF.

After the transfer, MLTF owns the stock and will sell it at the market value. (Donor does not initiate the sale of the stock.)

The appreciated stock value qualifies as a charitable donation for the donor’s federal tax purposes.

Need More Information? Contact Jessica Wilcox  at the Diocese of Sioux City: (712) 233-7565 or  [email protected]

Information is not professional or legal advice. Consult a tax advisor about your individual tax situation.