What is the procedure to follow to make a gift of stock?
If giving the securities in person, deliver the endorsed certificates and signed stock powers together, with the name of the charity omitted. However, it is preferable that donors sign a “Stock Power Form”. The stock certificate and the form should then be sent to our transfer agent, Deutsche Bank,in separate envelopes. If giving the securities through a broker, a new account in the name of the charity is created, and ownership of the stock is transferred electronically. DTC instructions: State Street Bank & Trust Co.
