How to Gift Stock or Other Securities

Make a larger impact by gifting stock and donating long-term appreciated securities, including stock, bonds, and mutual funds, directly to St. Luke’s.

Why Gift Securities instead of donating Cash?

When you contribute securities directly to St. Luke’s, the parish gains the full proceeds from the sale, and you potentially eliminate capital gains exposure. Since St. Luke’s is tax-exempt, there are no taxes or penalties when we sell the security. This win-win could mean more money for St. Luke’s than if you had donated cash.

How to gift Securities

STEP 1: Most large brokerage firms have a standard form to use. (Vanguard allows you to complete the process online.) If you use a different firm, search “How to gift stock” on their website or contact your broker directly to ask for a form.

St. Luke’s recipient information you will need to complete the gift form:

Receiving Firm/Institution Name: Charles Schwab 

DTC Number: 0164 Code: 40

Account Title (“For the benefit of”): St. Luke’s Church Capital Fund 

Account Number: 8460-0681 (On the Charles Schwab Form, this is the first number requested, labeled “Receiving Institution Account Number.”)

Contact (if needed): Aspen Santillan, Treasurer; accountspayable@stlukessf.org; (415) 673-7327

In some situations (such as making a gift from a Donor Advised Fund), you may be asked for the name of the charity you are gifting to, rather than the brokerage account name and number as given above. In that case, please be sure to use St. Luke’s full corporate name:

Full name: Protestant Episcopal Church in the Diocese of California / St Lukes of S-F

EIN (Employer Identification Number): 94-1167428

 

STEP 2: Send an email to St. Luke’s treasurer (accountspayable@stlukessf.org) to inform us of your gift. Otherwise we won’t know who it’s from! Include this information in your email:

  • The date you requested the transaction

  • Information about the shares being donated (Name of Stock/Bond/Mutual Fund; Symbol/Ticker; and Number of Shares)

  • Any designated use for the gift (e.g. to fulfill your pledge or to support a particular ministry). If you do not provide a designation, your gift will be used to fulfill your outstanding pledges first, then toward the area of greatest need. 

We will email you a confirmation when the gift has been received and liquidated and let you know what the final proceeds were. The cash value of your gift will also be reported on monthly and annual giving statements.