Gifts of Stock or Securities
Transferring stock or securities is an excellent way to support the life-saving mission of Howard Brown Health, and provides significant benefits such as:
- A charitable income tax deduction for the fair market value of the gifted long-term securities.
- Elimination of capital gains tax that would ordinarily become due if you sell the appreciated securities on the open market and donated the proceeds of the sale to Howard Brown Health Center.
Making a gift of stock or securities
Alert Howard Brown Health: Please notify our development team in advance of stock transfers so that we can instruct our broker to accept your gift, track it, and acknowledge it properly for income tax purposes. You may call, email or fax:
Instruct Your Broker: Instruct your broker to make a stock gift to Howard Brown Health Center. In order to promptly and accurately credit a security gift to the appropriate donor, it is essential that the transfer instructions include the donor’s name and mailing address. Without this information or direct notification from you, we may be unable to identify the donors of certain securities.
Provide your broker with the following information:
Broker: SANFORD C. BERNSTEIN & CO., LLC.
Account Name: Howard Brown Health – Gifting
Account Number: 033-12137
Note: Insert Donor Name Here
Bernstein Contact: Franco LaMarca, 312-696-7837
For additional questions about stock transfers, feel free to contact Franco La Marca and the Bernstein Private Wealth Management team by email (CHI-Team4@bernstein.com) or phone (312.696.7837).