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Gifts of securities such as stocks, bonds and mutual funds are especially advantageous if you hold a security such as stock that has increased in value since you acquired it. By making a gift of stock held longer than one year, you avoid paying capital gains tax and you would receive an income tax deduction for the current market value of the gift. You may deduct gifts totaling up to 30% of your adjusted gross income in any year, with a five-year carry-over for any excess. If you hold stocks or bonds in street name with a broker, you may transfer the securities electronically by instructing your broker to send the securities to our account at Waterhouse Securities through the Depository Trust Company (DTC). The DTC instructions are:
The Wilshinsky Group at Morgan Stanley Smith Barney
DTC # 0015
Account # 398-135864-169
Account Name: The Doe Fund
1 Penn Plaza, Floor 43
New York, NY 10119
Contact: Joel Lejarde
You will need to send a letter to your broker with written instructions. In order to facilitate the transfer and acknowledgment of your stock gift, please notify us of your name, the name of the stock and the number of shares being donated before you transfer the stocks. Of course, we will respect the wishes of donors who prefer not to have their name publicly disclosed. You may notify us by calling Amy Mugavero at (646) 672-4237 or by email at firstname.lastname@example.org.
Stocks in Certificate Form
If you hold stocks or bonds in certificate form, you may send the certificates via registered mail to The Doe Fund at the address below. Please leave the back of the certificate blank and don't endorse it.
The Doe Fund
Attn: Amy Mugavero
232 East 84th Street
New York, NY 10028
Separately, in a second envelope via regular first-class mail, send us one stock power for each stock certificate. You may download a stock power form or obtain stock powers from your bank or broker. Be sure to sign the power exactly as you're listed on the face of the certificate. When you fill out the stock power form(s), please leave the assignment blank to facilitate our selling the shares. You will need to sign each form and fill in the description of the stock. Enclose a dated letter which identifies the stock and includes your signature as it appears on the certificate and/or stock power.
Please use this form to request more information about Gifts of Stock.