Securities or stocks that have been held more than one year and have increased in value can be immensely effective gifts.
Your contribution may be tax deductible within the limits prescribed by law. You are entitled to deductions for the fair market value of the stock on the date of the gift, plus you pay zero tax on the capital gain value of the gift shares. Consult your tax advisor to discuss how this strategy can best benefit you and the Chapel of Sacred Mirrors.
To ensure careful processing of your gift, please contact Matt Dudin at [email protected] or 845.297.2323, ext. 108 to advise us of the gift and its purpose. Please provide:
- Your name
- The name of the stock
- The number of shares being donated
- The financial institution that is transferring the stock
- The gift designation
To donate stocks via wire transfer, inform your broker/banker of your intention in writing. Please provide them with the following information:
- The name of the stock
- The number of shares or certificates you wish to donate
- The gift designation
- Details for CoSM’s eTrade account information (listed below)
For bank wire donations
Citibank Account Name: The Church of Sacred Mirrors, CoSM
Account #: 9990562643
ABA Routing #: 021000089
Citibank Swift Code: CITIUS33
For donations of stock
Etrade Account Name: Church of Sacred Mirrors
Account #: 3782-5851
DTC #: 0385
Please contact Matt Dudin at [email protected] or 845.297.2323, ext. 108 with any questions you may have.
At this pivotal time in history, thank you for joining with us in manifesting the inevitable consequence of love — the building of a temple.
