1. Please alert the MCDS Development Office of an upcoming stock transfer. Because your name will not accompany the electronic transfer of shares, we need the following information in order to acknowledge your gift correctly and issue a proper tax credit: donor name/contact information name of stock, and number of shares being transferred.
The Development Office
Cheyenne Rodriguez (email@example.com)
2. Instruct your broker to transfer the shares to the MCDS brokerage account and provide the following information.*
Charles Schwab Account #5306-9574
MCDS TAX ID#94-1375791
Schwab Telephone: (800) 435-4000
The date of your gift for tax purposes is the date shares hit the MCDS account. The gift value will be the average share price on that date.
* A donor with his or her own Schwab account also needs to provide Schwab with written instructions to journal the shares to the MCDS account.