Qualified Charitable Distributions
Qualified Charitable Distributions (QCDs) are a type of tax-free gift that can be made from a traditional IRA. The QCD rule allows owners of traditional individual retirement accounts to deduct their require minimum distributions (RMDs) – the money IRA owners have to take out after age 73 – on their tax returns if they donate the money to a charity. This rule can effectively help in reducing your income
taxes by lowering your adjusted gross income (AGI).

Appreciated Securities
You can donate stocks, mutual funds, IRAs, or cryptocurrency to avoid capital gains tax. Consult your financial advisor or accountant for more information.

Give securities from your brokerage account
To transfer securities from your brokerage account to Sertoma Star Services electronically:

• Please complete the Securities Transfer Request form found HERE (attached pdf of securities form) and send it to your broker or financial adviser.
• Please also send a copy of the completed form to Patricia Trebe, Chief Development Officer at ptrebe@sertomastar.org, fax to (708) 755-8047, or mail to this address:

Sertoma Star Services
Development – Attn: Patricia Trebe
1005 West End Avenue
Chicago Heights, IL 60411

For Sertoma Star Services to properly credit the gift, it is important that you or your broker notify us of the gift and its intended purpose and that the broker reference your name in the DTC transfer instructions which are included on the Securities Transfer Request Form.

How the securities transfer process works
The securities will be transferred directly into the agency’s gift account at its brokerage firm. Your broker initiates your gift transfer via the Depository Trust Company (DTC) system, and the shares are delivered electronically to our brokerage account. Your gift is considered complete on the date the stock is received in the brokerage account, and the amount of the donation will equal the amount the stock was sold for on the date the stock is received.