Ways to Give: Give Now: Securities

How to give stocks

Many donors prefer to give appreciated securities directly to The Foundation rather than sell them and donate their proceeds, as this allows for certain tax benefits.  If you own securities that have lost value, you can sell the stock, take the capital loss deduction, and make a gift to support the community colleges.

Whether your stocks are held by yourself or are kept with a bank/broker, it is important that you notify The Foundation in advance of making a gift of securities. This will help to ensure that proper crediting and timely acknowledgement take place.

Transfers from a Bank or Broker

If your bank or broker holds your securities, we recommend an electronic transfer in two steps via the Depository Trust Company (DTC) system.

 

1. Give your bank or broker the following instructions:

Broker

Account Name

Reference

DTC Participant 

DTC Agent

Broker Contact

Bank of America, 1155 Elm St, Manchester NH  03101

Bank of America Trust #1

Foundation for NH Community Colleges a/c 71162068510034

# 955

# 20955

Mike Wrenn

Phone: 603.647.7651

Fax: 603.647.3722

[email protected]

Broker
Bank of America, 1155 Elm St, Manchester NH  03101

Account Name
Bank of America Trust #1
Reference
Foundation for NH Community Colleges a/c 71162068510034

DTC Participant
# 955

DTC Agent
# 20955

Broker Contact
Mike Wrenn

Phone: 603.647.7651

Fax: 603.647.3722

[email protected]

2. Prior to initiating the wire transfer, please contact Finance Operations Director Kim Brent and provide the following information:
  • Your name, address and telephone number
  • Your broker’s name, company and telephone number
  • Name of the security
  • Number of shares
  • Purpose of the gift

Transfers of Physical Stock Certificates

If you are transferring physical stock certificate(s), please contact Kim Brent, 603-230-3540.

Interested in more options for giving?

GIVE OPPORTUNITY

Tim Allison
Executive Director
603.230.3520
[email protected]