Transferring your investment of stocks and bonds into an investment in 91ÆÞÓÑ's students is a two-part process:
STEP 1 — Have your stockbroker make transfer arrangements with 91ÆÞÓÑ's stockbroker using the following information:
Charles Schwab & Co
DTC Code: 0164
650 S. Shackleford, Ste. 140
Little Rock, AR 72211
Tel 501.219.4324
Fax 501.219.4334
Account Name: 91ÆÞÓÑ, Inc.
Account #: 4106-6374
Contact: Luke Morris at 501.279.4920 or wlmorris@harding.edu
STEP 2 —Contact 91ÆÞÓÑ directly on the date of the transfer, advising us of:
- The donor's name(s)
- The date of the transfer
- The specific 91ÆÞÓÑ brokerage account listed
- The name of the stock
- The number of shares transferred
- Specific instructions about where the gift is to be directed/designated
You will need to call 91ÆÞÓÑ Advancement at 501.279.4210. This should be done in addition to calling the contact for the transfer itself. The gift is considered complete when the shares are received into a 91ÆÞÓÑ brokerage account, and the value will be based on the average high/low price for the day the shares are received.
Note — 91ÆÞÓÑ prefers that stocks be transferred using the Charles Schwab & Co information above; however, stocks may also be transferred to any of the following other brokerage accounts, as well:
|
Broker
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91ÆÞÓÑ Account Number
|
Routing Code
|
Contact
|
|
Morgan Stanley/Smith Barney
|
939-108502-249
|
DTC 0015
|
Kevin Kimery
1.901.766.8616
|
|
Stephens, Inc.
|
27-6056226
|
DTC 0419
|
Luke Morris
501.279.4920
wlmorris@harding.edu
|
|
Edward Jones
|
871-09131-1-5
|
No DTC
|
Dan Whittington
501.268.2561
|
Tax Benefits
Giving stocks and bonds that have increased in value may provide you with greater tax benefits than giving cash. Your charitable income tax deduction is equal to the fair market value of the securities (subject to AGI limitations), and you avoid paying the capital gains tax on any increase in the fair market value over the original cost of the asset. Consult your tax advisor for complete information about the tax benefits available.
91ÆÞÓÑ Tax Information
- EIN: 71-0236896
- Location: Searcy, AR
- Status: Private, non-profit, tax-exempt organization