Ways to Give
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:
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