Stock Gift

Make a Stock gift to CLS

Transferring securities held long term to Christian Legal Society (CLS) allows you to make a gift and receive a charitable deduction equal to the full, fair market value of the securities.

It’s a win-win! You pay no capital gains on your gift and neither does CLS.

Avoid selling the assets and then making a gift of the proceeds, because this will trigger a capital gains liability for you.

The process is fairly simple to support CLS with a stock gift just contact your broker and electronically transfer the stock from your account to CLS’ account at Morgan Stanley.

Have your broker submit a copy of the letter of instruction to:
Morgan Stanley
c/o Patrick Trainor, CFP
1850 K St., NW, Ste. 900
Washington, DC 20006,
(202) 857-5478
DTC#0015
CLS Acct. #504133109

If you would like to donate a stock certificate to CLS please mail it to 8001 Braddock Road, Suite 302, Springfield, VA 22151

In order for CLS to properly receipt your gift, please contact us to know that you will be making a gift of stock. You can reach CLS’ Program Coordinator, Sheila Morris, at 703-894-1080 or smorris@clsnet.org. Please provide your name, your phone number, the name of the stock you are giving and the number of shares (e.g. 30 shares of Amazon)

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