Gifts of Stock

Gifts of Stock and Other Securities 

You can support the mission of Lutheran Social Services with a tax-wise gift from your investment portfolio. 

When you donate appreciated securities or mutual funds to a qualified charity, you may claim a federal income tax charitable deduction if you itemize, based on the fair market value, just as if you wrote a check. Additionally, when you donate shares directly to a qualified charity instead of selling shares and donating the income you receive, federal capital gains taxes do not apply to the donated shares. 

You can wire securities from your brokerage firm to our account using the following information. Your gift date will be the date the shares are deposited in our brokerage account. 

If you are interested in donating securities, please contact us and we will provide you with the information your broker will need in order to transfer the shares to LSS.

Please contact us and provide your contact information and contribution details when initiating a transfer so that we can confirm the shares were received and promptly provide you with the charitable gift receipt you will need to substantiate the gift for your taxes. Please note that your contact information will typically not be provided to us through the transfer process. 

Contact Person: Cory Anshus, Director of Donor Engagement, 414-246-2319, corrine.anshus@lsswis.org 

This information is for educational purposes only and should not be considered tax or legal advice. Please consult with your financial and/or legal advisor.