Would you like a tax-free way to give a charitable contribution to Saint Luke's? Consider gifting shares of stock, bonds, or mutual funds. If you transfer the shares, you will generate a tax deduction for yourself and avoid paying taxes on any appreciation of your securities. The church has established an account at the local Charles Schwab office in Colorado Springs to make this process easy.
Gifts to Saint Luke's may be made by check, electronic funds transfer or through stock or mutual fund transfer. Donations made to Saint Luke's qualify for a tax deduction, provided that the donor does not receive any goods or services in exchange for his/her donation.
Instructions for giving assets of various types can be found below. If you have any questions, please call the church office at 598-4397.
Saint Luke's Lutheran Church is a tax-exempt organization incorporated under the laws of the State of Colorado. Its Federal Tax Identification Number is 84-0816142.
Gifts of Appreciated Stock and Mutual Funds
To give stocks or bonds held in your brokerage account to Saint Luke's Lutheran Church:
1. Notify your broker/agent that you wish to give (transfer) a specified number of shares as a charitable contribution to the Saint Luke's Lutheran Church account at Charles Schwab. Do not sell your shares; have them transferred in kind.
2. Your broker or securities transfer agent will need this information:
a. The Saint Lukes Charles Schwab account number is 6014-6468.
b. The DTC Clearing number at Charles Schwab is 0164.
c. The tax identification number for Saint Luke's Lutheran Church is 84-0816142.
To transfer a stock certificate or bond in your name (not held at a bank or securities firm):
2. Sign a stock power and have your signature guaranteed by your broker or banker. Please do not complete the remainder of the "power" form. Under separate cover, mail the stock power to the church office. Most importantly, please complete this procedure by calling or writing the church office to notify us of your intentions and to confirm your instructions. Also, please provide us with a copy of your letter to the broker, banker or transfer agent.
Double your support with your Employer's Matching Gift:
If your employer has a matching gift program, obtain a matching gift form from your human resource or finance office. Follow your employer's procedures for completing the form and return it to church office along with your contribution. The church office will then apply for a matching gift. Please note that pledges do not qualify
(Note: "Saint Luke's Lutheran Church advises you to seek your own legal and tax advice in connection with gift and estate planning matters. Saint Luke's Lutheran Church does not provide legal or tax advice. The information provided on this website is not intended or written to be used, and cannot be used, for the purpose of avoiding tax-related penalties.")