Gift of Appreciated Securities

Securities and mutual funds that have increased in value and been held for more than one year are popular assets to use when making a gift to the Sisters of Providence. Making a gift of securities or mutual funds offers you the chance to support our work while realizing important benefits for yourself.

When you donate appreciated securities or mutual funds in support of our mission, you can reduce or even eliminate federal capital gains taxes on the transfer. You may also be entitled to a federal income tax charitable deduction based on the fair market value of the securities at the time of the transfer.

Securities are most often used to support our work in the form of:

An outright gift. When you donate securities to the Sisters of Providence, you receive the same income tax savings that you would if you wrote a check, but with the added benefit of eliminating capital gains taxes on the transfer, which can be as high as 20%.

A transfer on death (TOD) account.* By placing a TOD designation on your brokerage or investment account, that account will be paid to one or more persons or charities after your lifetime.

Additional ways to fund your gift:

• A gift in your will or living trust.
• A donor advised fund.
• A memorial gift.
• An endowed gift.
• A charitable gift annuity.
• A charitable remainder trust.
• A charitable lead trust.

*State laws govern transfer on death accounts. Please consult with your bank representative or investment advisor if you are considering this gift.

Thank you for considering a gift of stock, mutual funds or marketable securities in support of the mission and ministries of the Sisters of Providence.

Please see below for the delivery instructions as well as instructions for initiating a gift by wire transfer. It would be helpful knowing in advance when you initiate such a transfer. That way we can direct our bankers to be on the lookout and properly acknowledge and verify the gift for tax purposes in a timely fashion.

To do so, or should you have any questions, our banking representative at The Hometown Savings Bank in Terre Haute can be reached at 812-244-5149.

For all mutual fund gifts, please call the Hometown Savings Bank Trust Department at 812-234-4864.

Delivery Instructions

DTC Eligible Securities
> Participant Number: 2116
A/C#: 01010039793001
A/C Name: The Hometown Savings Bank-SIS
Agent Bank #: 10016
Institutional ID#: 70589

GNMAs and Federal Reserve Eligible Securities
ABA# 042000314/Fifth Cin/1050
A/C#: 01010039793001
A/C Name: The Hometown Savings Bank-SIS

Federal Reserve Wire Transfer
Fifth Third Bank N.A.
ABA# 042000314
A/C#: 71575856
A/C Name: Trust Incoming Wires
A/C#: 01010039793001
A/C Name: The Hometown Savings Bank-SIS

Repurchase Agreements
ABA# 042000314/Fifth Cin/1040
A/C#: 01010039793001
A/C Name: The Hometown Savings Bank-SIS