Thank you for your interest in making a gift of stock to a fund at Berks County Community Foundation. For complete information about making a gift of securities, contact Frances A. Aitken, CPA, Senior Vice President for Finance and Operations at the Community Foundation by email at firstname.lastname@example.org or by phone at 610.685.2223.
Follow the instructions below to make a gift of stock to a fund at Berks County Community Foundation.
Option A: Transferring stock that is held in a brokerage account:
To make a gift of stock that is held in a brokerage account, your broker will need the following information to transfer the stock:
Berks County Community Foundation Broker: Morgan Stanley
DTC Number: 0015
Berks County Community Foundation Number: 532-028828-197
Berks County Community Foundation Account Executive: Christine Randolph, 800-745-5455.
Important: Please notify the Community Foundation when you plan to make a gift of stock through a brokerage account, to ensure that the proceeds are placed in fund of your choice.
Option B: Transferring stock for which you hold certificates:
To make a gift of stock for which you hold certificates, forward the items listed below to Berks County Community Foundation, 237 Court Street, Reading, PA 19601.
A Note on Mailing: Do not mail the Stock Certificate and the Irrevocable Stock or Bond Power Certificate in the same envelope. When the two items are combined they allow the stock certificate to become negotiable. Mail to the Community Foundation under separate cover.
1. A Stock Certificate.
Mail the unsigned stock certificate(s) to the Community Foundation separately from the Irrevocable Stock or Bond Power Certificate. Caution: Do not sign the back of the stock certificate(s). Doing so makes the stock certificate(s) negotiable.
2. A Gift Letter.
A Gift Letter tells Berks County Community Foundation what you are giving and which Community Foundation fund to place the proceeds in.
3. An Irrevocable Stock or Bond Power Certificate.
The Irrevocable Stock or Bond Power Certificate is used in place of endorsing the back of the stock certificate. Do not complete any parts other than the signature section. A transfer agent will complete the remaining sections. As with all financial instruments, signatures on the Irrevocable Stock or Bond Power Certificate must be “signature guaranteed.” To complete the signature guarantee, have each person named on the stock certificate sign the Irrevocable Stock or Bond Power Certificate in the presence of a bank officer. Most local banks will have someone at the branch who can “signature guarantee” this form for you.
To determine the method, or mix of methods, that make the most sense for structuring a gift through Berks County Community Foundation, the information on these pages should be reviewed with a competent financial, tax or estate planner.