You can help sustain our mission to proclaim the truth and beauty of the gospel of Jesus Christ in the fullness of the Catholic faith.

Potential Tax Benefits of Donating Stock

When you contribute securities directly to Christ On Main, we gain the full proceeds from the sale, and you potentially eliminate capital gains exposure. This win-win helps sustain our mission.

Qualified Charitable Distributions (QCDs)

Qualified Charitable Distributions (QCDs) provide a tax-efficient way for individuals aged 70½ and older to donate to charity by transferring funds directly from an IRA.

The key benefits include:

• Lowering your taxable income
• Fulfilling Required Minimum Distribution (RMD) requirements without the associated tax
• Potentially reducing Medicare premiums and other AGI-based taxes
• Making a direct, immediate impact on Christ On Main’s mission

QCDs are particularly beneficial for those who take the standard deduction, as they provide a tax advantage without needing to itemize.

Stock & Mutual Fund Donation Procedure

The following information is needed to ensure proper awarding of the stock donation proceeds:

• The name of the stock
• The donor’s name and address
• The number of shares (whole numbers)

For more details and to obtain transfer instructions for your securities from your brokerage account, please contact Dick Poremba at (361) 658-1069 or Charlie Bathon (574) 261-2293.

The donor will receive an acknowledgement letter from Christ On Main after the stock or mutual funds donation is processed.