Stock Transfer
How to make a gift of stocks and bonds
Electronic Transfer
If you hold securities in "street name," (you do not have physical possession of the stock certificate) please notify your broker to initiate a "broker to broker" transfer. Ask your broker to donate teh stock to United Way Worldwide using the information below.
Broker: Merrill Lynch
DTC #: 8862
Account Name: United Way Worldwide
Federal Tax ID: 13-1635294
Certified Mail
If you hold securities in certificate form, you will need to mail two envelopes separately to complete your gift. In the first envelope, place the unsigned stock certificate(s). In the other envelope, include a signed stock power for each certificate. You may obtain this power from your broker or bank. Please remember to use certified mail.
Our broker contact information
Patrick S. Burke
The Burke & Hassett Group, Merrill Lynch
1900 Duke Street, Suite 400
Alexandria, VA 22314
(703) 838-6864 or (800) 843-8920
PatrickS_Burke@ml.com
*It is important that the securities be transferred to United Way's account prior to being sold in order to avoid capital gains taxation.
More on Gifts of stocks and bonds
There are special rules for valuing a gift of stock. The value of a charitable gift of stock is determined by taking the mean between the high and low stock price on the date of the gift. Mutual fund shares are valued using the closing price for the fund on the date of the gift.
Questions
If you have any questions about gifts of stocks and bonds, please contact us. We would be happy to assist you and answer any questions that you may have.