Planned Giving Home Upcoming Events Board of Directors Donor Stories Grant Recipients Scholarship Recipients Catholic Schools Endowment The Ten Commandments The Annual Catholic Foundation Golf Classic Step 1: Explore Goals & Benefits Giving Wisely Gift Calculator Step 2: Research Quick Link to a Gift » All Gifts-at-a-Glance Resources » Step 3: Contact Request Information Privacy Notice Disclaimer		Related Links ·  Gift illustration ·  Complete gift description ·  Is this gift for you? ·  Stock warning ·  Details on stock transfer ·  Sample letter « Back Appreciated Securities (Stock warning) TWO IMPORTANT DON'TS Don't sell the stock first! Even though you give us the proceeds as a gift, the IRS will impose capital gains tax on your sale, wiping out the benefits of this arrangement. Don't contribute stock that has declined in value? First, the fair-market deduction rule works against you: if you bought stock for $50,000 and it's now worth $30,000, your charitable deduction will be limited to $30,000. Second, you won't earn a capital loss by making the transfer to us, either. It is better to sell depreciated stock, claim the resulting tax loss as one deduction, then make a deductible cash gift to the Catholic Foundation with the proceeds. For more information Email us, complete the personal illustration form, or call us at 405-721-4115 so that we can assist you through every step of the process. The Catholic Foundation 7501 N.W. Expressway Oklahoma City, OK 73123 405-721-4115 | Fax: 405-721-4114 E-mail: tcasso@catharchdioceseokc.org Planned Giving content and GiftTree® copyrighted © 2008 VirtualGiving.