Please use this form to notify us of stock gifts exclusively. You will receive our stock transfer instructions as soon as this form is submitted.
For US stock transfers only (NOT bonds, mutual funds, privately held securities, or ETFs). In order to facilitate the timely completion of your donation, it is very important that we receive this notification prior to the transfer. This prevents errors and misidentifications. Please call (225) 771-3911 or email toni@sutrueblue.org if you need assistance completing this form.
Gifts of Securities
- Donations may be made in the form of publicly traded stocks, ETFs, or mutual funds.
- Securities must be transferred directly from the donor’s brokerage firm to the receiving account.
- Once the security is received, it is recorded at the fair market value on the date of transfer.
Liquidation of Securities
- After the gifted security is received, it can generally be liquidated.
- The timing of the sale may vary based on settlement and market considerations.
- Proceeds from the sale are then available as cash in the account.
Important Notes
- Donors should consult their tax advisor regarding potential tax benefits or implications of donating securities.
- Specific transfer instructions (including DTC number, account name, and account number) will be required to initiate the gift from the donor’s firm.