Giving stocks and bonds that have increased in value (and which have been owned for more than one year) provide greater tax benefits than giving cash. Donors can deduct the full market value of securities and avoid paying capital gains tax on the appreciation.

Step 1: Please contact the Advancement Office with the number of shares and the name of the stock you plan to transfer.

Step 2: Contact your broker and request that the stock be electronically transferred to the KCHS account:

UBS Financial Services Inc. | 800 S. Gay Street, Plaza Tower Ste. A, Knoxville, TN 37929
Advisor: John MacDonald, Sr. (Class of ’71)
865-522-5183
Account #: KA 31829 12 | DTC #: 0221

The value of your securities gift may be slightly different from the actual sale price. The gift value will be the average of the high and low selling prices of your stock or bond on the date of your gift. You may deduct the gift value of these securities for up to 30 percent of your adjusted gross income. Any excess can be carried over for an additional five years if necessary.

Thousands of companies have established programs that match employee charitable donations dollar-for-dollar. This is an easy way to double or even triple the size of your Annual Fund contribution. Please ask your employer if they will match your gift.

Gifts to Knoxville Catholic may be outright or pledged. Contributions are tax-deductible as allowed by law. Email the Advancement Office or call 865-560-0502.