Contributing stock and other securities provides donors with an opportunity to avoid paying capital gains on the increase in the stock’s value. Donors also typically receive a tax deduction for the full fair market value of the stock on the date of the gift.
Individuals wishing to donate stock to the Chi Phi Educational Trust, a 501(c)(3) educational foundation, can do so using the procedures outlined below or in the Stock Transfer Instructions.
- Transfer the stock to:
Sanford C. Bernstein & Co., LLC
DTC#: 013
Acct#: 03907906
Acct Name: Chi Phi Educational Trust Endowment Fund
* Note, Chi Phi is unable to accept transfers of open-ended mutual funds (tickers usually end in “X”)
- Notify Chi Phi: Once you transfer the stock, please contact the Chi Phi Development Office at 800.849.1824 or fax: 404.237.5090 with the following information:
- Your name
- The amount and name(s) of the shares you transferred
- The date of the transfer
- Any particular fund, if any, you want the stock gift to support
It is very important that you notify Chi Phi with this information so that you receive proper credit and a charitable gift receipt for your generous gift.
For More Information please contact Director of Development, John Fisher at 404.231.1824 or fisher@chiphi.org.
