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
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
- 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.
