Stocks or Securities
Donating appreciated securities is a wonderful way to support The Bishop's School and may provide significant tax benefits to you. Benefits may include:
- A charitable income tax deduction for the fair market value of the donated securities.
- Elimination of the capital gains tax that would ordinarily be due if the appreciated securities had been sold on the open market.
As with any important financial transaction, please consult your legal, financial or tax advisor when considering a gift of stock or securities. ELECTRONIC DELIVERY OF STOCKS OR SECURITIES
The most efficient method to donate appreciated securities is by a direct transfer via DTC from your brokerage account to that of the School. Include your name (donor) on the delivery advice.
Please contact the Advancement Department at (858) 875-0847 or firstname.lastname@example.org
to indicate what shares you will be donating. This information will facilitate timely acknowledgment of your gift.
DTC Eligible Securities Donations (Stocks, Bonds & Mutual Funds)
DTC Clearing #: 0443
For Further Credit to: Pershing LLC
Account Number: A9G137912
Account Name: The Bishop’s School
U.S. Treasury/Government Securities Donations
ABA #: 021000018
Bank of NYC/Pershing LLC
For Further Credit to/Account #: A9G137912
For Further Credit to/Account Name: The Bishop’s School
Address: Pershing LLC, One Pershing Plaza, Jersey City, NJ 07399
For transfers of physical stock certificates, contact Justin Tipp at First Republic Securities Company, 1280 4th Avenue, San Diego, CA 92101. Reach Mr. Tipp on his direct line at (619) 338-1547.