727 Harvard Ave, Swarthmore, PA 19081
Gift of Stocks & Securities
Gifts of stock are a wonderful way to support SPC and provide you with both income and capital gains tax deductions.
To make a gift of stock, please follow these instructions:
Ask your broker to wire transfer your stock gift by DTC to SPC’s Special Purpose Account at Charles Schwab:
SPC’s tax identification number (EIN) is 23-1352491
When making a gift of long-term appreciated stock and securities, be sure to transfer ownership of the securities to SPC. Do not sell the stock or securities on your own. This protects you from the capital gains tax on any appreciation.
Your gift will be valued and acknowledged on the date that the stock arrived in our account, and Jennifer Vincent will mail you a letter confirmation of the trade details.
Please notify the Finance Office(610.543.4712 or firstname.lastname@example.org) that you are initiating this transaction. We will need to know the name of the stock, the number of shares, and how you would like the gift to be used.
Gifts of Appreciated Securities