Gifts of Stock/Security
Make a donation of marketable securities from your taxable or qualified account (if eligible in the form of a Qualified Charitable Donation) by providing the following instructions to your financial services provider. Please include the information that the security donation is for benefit to:
-
Legal Name: St Paul R.C. Church
-
Legal Address 200 Wyckoff Avenue, Ramsey, Nj 0746
-
Federal Tax ID: 22-1508624
(Need to display the attachment from Archdiocese of Newark here)
​
Qualified Charitable Distributions
If you are 70 ½ or older, you can direct up to $105,000 to St Paul R.C. Church for the Damascus Fund. Not only do you get credit for taking your required minimum distribution, beginning at age 73, but you also avoid recognizing the distribution as income, which affects other benefits and potential tax liabilities.
Consult your CPA and/or Financial professional to confirm eligibility for a QCD.