Gifts of long-term appreciated stock (owned for a year or longer) or mutual funds offer a quick, easy and tax efficient way to make a lasting gift to Stokes Foundation.
Please note that our default best practices are to liquidate all securities upon receipt, unless otherwise specified.
Before the Transfer Occurs
In order for us to accurately identify, allocate and acknowledge your gift, please take a moment to notify Ray Walker, Executive Director directly at (508) 873-7967. Please note that Stokes Foundation cannot sell any securities which are anonymously received so it is imperative that we know the identification of the donor.
For Securities Held by Your Broker
If your broker (or bank) holds your securities, your gift can be electronically transferred to Stokes Foundation. Please contact Ray Walker, Executive Director directly at (508) 873-7967 to arrange for an electronic transfer to our Investment Banking Account.
For Securities Held by You
If you, the donor, hold a security, please send the unendorsed certificates with a letter of transmittal giving name and address to:
184 Poppy Lane
Marlboro, NY 12542
In a separate envelope, mail to the same address a signed stock or bond power. The stock or bond power should be signed exactly as the certificate is registered, and do not fill in any other information. Do not re-register the shares into the name of Stokes Foundation. You may obtain blank stock powers from your broker or bank. Please include a letter stating the purpose of your gift with the certificate(s).
NOTE: It is very important to mail the security certificate and the signed power separately and it is recommended that the certificate be sent by certified mail with return receipt. If you have any questions, please call Ray Walker, Executive Director directly at (508) 873-7967.
Information provided on this website is not intended to be tax or legal advice. Please be sure to consult a qualified financial advisor before making a gift.