Gifts of Securities to San Antonio Academy 

In addition to making cash donations, there are other ways to support San Antonio Academy.

 

What Can I Give? 

You can give gifts of stocks that you have held for at least one year and are worth more now than when you acquired them. 

Why Securities? 

Just like cash donations, you can receive a charitable deduction for gifts of appreciated stock, based on the fair market value on the date of the gift.  In addition, you don't pay any capital gains tax that you would have to pay if you sold the stock and donated the income. 

How Do I Give a Gift of Stock? 

·         Simply talk to your investment broker or accountant regarding the appropriate securities to sell.

·         Send written instructions to your broker.  (Click here for a sample letter.)  For the delivery instructions, please call or email the Development Director for the contact person and SAA’s account information.

·         Notify the Development Office at San Antonio Academy of your intent to donate the shares of stock.

 

If you have any questions, please contact:

Phone: 210-733-7331, ext. 268.

Email:  eanderson@sa-academy.org

 

The information provided here is not intended as legal or financial advice.  Please consult your financial planner for more details.

 

  Sample letter of instruction for gifts of appreciated stock

 

Date

  

Your Broker's Name

Your Broker's Address

Any City, Your State 11111-2222

 

Dear Broker: 

Please transfer {# of shares and name of stock} from my account {your account # here} to the San Antonio Academy account at Frost Bank.  Delivery instructions are enclosed along with the name and phone number of their contact person.  I will also notify The Academy of the gift.  Thank you for your attention to this matter. 

Sincerely, 

 

{Your name}

 

cc: Director of Development, San Antonio Academy