Gifts to the Episcopal Diocese of Newark in the form of stocks or mutual funds that have appreciated in value may be especially attractive to you under the current tax laws. With a charitable gift of appreciated securities held long-term, the donation you make and the deduction you get are greater than they would be if you were to sell the shares and donate the cash proceeds. That is because when you donate shares, you avoid incurring capital gains.
Please be aware that donor information will not be included with your electronic transfer, so you should alert us in advance of the security name and/or ticker symbol and number of shares you plan to give. You can do so by emailing firstname.lastname@example.org or calling Noel Garcia at 973-430-9984 or by filling out and mailing/emailing the form attached below.
Please use the following instructions to transfer securities to our account:
Account Name: DIT-Newark
Account number: 881486803
DTC number: 2039
Tax ID number: 22-1487564
TIAA-CREF Trust Company
211 North Broadway, Suite 1000, St. Louis, MO 63102-2733
Contact: Tim Ringkamp
In accordance with IRS regulations, your gift will be valued based upon the date we receive it in our brokerage account.
Making this transfer is simple
Download the one-page instruction sheet attached below. This page includes important information to help you make your gift quickly and efficiently.