Gifts of Stock
You can transfer publicly traded stock to MHA in one of two ways:
To make a gift of stock, please notify your broker that you wish to transfer shares to the Mental Health Association of Frederick County. You will need to put this request in writing and have it signed by all parties on the account. To complete an electronic transfer of stock to MHA, your broker will need delivery instructions.
Please have your broker send your name, the name of the stock you wish to give, including the trading name/ticker symbol and the quantity (shares) with either the actual stock / bond certificate or a copy of the statement of the contra (donor's) account containing such information and the DTC Eligible Securities to:
111 Wall Street
New York, NY 10043
FBO: Charles Schwab & Co., Inc.
Account # 40553953
For the Account of Schwab A/C# 7989-9638
Client Name: Mental Health Association of Frederick County, Inc.
MHA Tax ID # 52-0968521
DTC # 0160
Mailing or Hand Delivering Stock Certificates
Mail or hand deliver your unsigned stock certificate(s) to MHA accompanied by a letter of intention (see sample below), signed by ALL registered stock holders and a signed stock power, signed by ALL registered stock holders. A stock power can be obtained from any brokerage firm. Signature guarantees on the letter or the stock power are not necessary. To ensure safe delivery, we recommend you send your stock certificates by either priority mail or registered return receipt mail. You may also wish to send your signed stock power in a separate envelope. Please notify MHA 301-663-0011 so we can watch for the safe arrival of your certificate(s).
Sample Letter of Intention:
Mental Health Association of Frederick County
226 South Jefferson Street
Frederick, MD 21701
Enclosed are ____ shares of ____ Corporation, Certificate # ____ . I wish to transfer them to the Mental Health Association of Frederick County.
Date of Transfer
The date the stock transfers into the MHA account is the date you will be credited with making the gift. The value of the stock gift, for tax purposes, is the mean value of the stock on the day of transfer (average of the high and low value for the stock on that day). Your official value for tax purposes may be different from the proceeds realized by the Mental Health Association from the sale of the securities.
We will acknowledge receipt of your gift in writing, stating the date the gift was received and the amount of the gift, as soon as we receive notice that the stock has been transferred into the Mental Health Association account or as soon as we have received a signed stock certificate and stock power.
Any financial information received by the Mental Health Association is held in strict confidence.