Stock and Appreciated Securities
Donating appreciated securities, including stocks or bonds, is an easy and tax-effective way for you to make a gift to MPFS. We recommend that donors consult their financial advisor before making financial decisions.
BENEFITS OF GIFTS OF STOCKS AND BONDS
- Avoid paying capital gains tax on the sale of appreciated stock
- Receive a charitable income tax deduction
- Further our mission today
HOW TO MAKE A GIFT OF STOCKS AND BONDS
A wire transfer is the easiest way to make a gift of stock.
- Inform the Advancement Office of your intent to transfer. Please Specify:
- purpose of the gift (Annual Fund, JEDI Program, Financial Aid, Planned Giving, Endowment)
- number of shares
- company name
- stock symbol
- brokerage institution that is sending it
-
Provide your broker with the following information:
- MPFS' Schwab account number: 59385380075964481
- DTC clearing number: 0164, Code 40
Your broker will give you the appropriate paperwork to complete. Please ask him/her to send notice of the gift specifics and date to:
Media-Providence Friends School
125 West Third Street
Media, PA 19063
Attn: Development Office
or email cmcgoff@mpfs.org and cc swilliams@mpfs.org
If you have an original stock certificate, please call the Advancement Office at 610.565.1960 x106 for transfer instructions.