Special Brokerage Account

TFE maintains a Special Brokerage Account at Charles Schwab that is available for parishes, organizations or individuals to complete the sale of securities donated to parishes or other entities within the Diocese of Milwaukee.  The only cost for use of this account is the commission for sale of securities (currently $8.95 per transaction) plus a small exchange trading fee of a few cents.

Once the securities are transferred into the account, TFE sells the securities and transmits the net proceeds to the parish or organization designated by the donor.  The donor receives an acknowledgement letter from TFE noting the market value of the donated securities for tax purposes.

If you wish more information regarding donating securities, please contact our Executive Director, Jill Heller, at (262) 902-5901 or by email at director@tfemil.org.

Additional information

Special Brokerage Account Instructions