Gifts of Appreciated Securities
Receive a Tax Deduction for Using These as Gifts
If you have securities or mutual funds that have increased in value and you have owned them for more than one year, consider gifting them to MICDS. When you donate these assets, you reduce or eliminate federal capital gains taxes, and may also be entitled to a federal income tax charitable deduction.
Securities are most often used to support our work in the form of:
An outright gift. When you donate securities to MICDS, you receive the same income tax savings that you would if you wrote us a check, but with the added benefit of eliminating capital gains taxes on the transfer, which can be as high as 20 percent.
A transfer on death (TOD) account.* By placing a TOD designation on your brokerage or investment account, that account will be paid over to one or more persons or charities after your lifetime.
Click on the links below to see the additional ways to fund your gift:
- A gift in your will or living trust.
- A donor advised fund.
- A memorial gift.
- An endowed gift.
- A charitable gift annuity.
- A charitable remainder trust.
- A charitable lead trust.
For DTC and Account information, call the MICDS Alumni & Development Office at (314) 995-7380 or contact Cindy Cooney, Client Associate, Assistant to David Hollo, Managing Director – Investments, Wells Fargo Advisors, LLC, at (314) 991-7842. Account Name: Mary Institute & St. Louis Country Day School. To ensure that we credit your gifts and acknowledge you properly, please contact Kalleen Capps Rose at 314-995-7455 or email@example.com. Please provide your name, the number of shares, and name of stock transferred.
*State laws govern payable on death accounts. Please consult with your bank representative or investment advisor if you are considering this gift.
Calculate Your Benefits
Submit a few details and see which gift is right for you.
- Contact Kalleen Rose at 314-995-7455 or firstname.lastname@example.org for additional information on appreciated securities.
- Seek the advice of your financial or legal advisor.
- If you include MICDS in your plans, please use our legal name and federal tax ID.
Legal Name: Mary Institute and Saint Louis Country Day School
Address: 101 North Warson Road, Saint Louis, Missouri 63124
Federal Tax ID Number: Please contact us for our federal tax ID number.
Information contained herein was accurate at the time of posting. The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.