Using gifts of stock to help others

This is the time of year to reflect on our many blessings and give to those who are in need. Catholic Charities is a nonprofit that serves the needs of the poor in northeast Ohio, regardless of their religious affiliation or their background.

Donating gifts of stock is a great way to reduce tax liability. Donors who gift long-term appreciated stocks may benefit from potential tax advantages. Consult your financial planner or tax adviser to determine how the tax advantages apply to your situation.

To learn more, please contact Sandy Lucas, director of planned giving for the Catholic Community Foundation.

– Edward Stevens, Stevens Strategic Communications