Gifts of Securities such as publicly traded stocks, bonds, mutual funds and other appreciable assets next to cash are popular methods for donating assets to Pine Forge Academy. Donated stocks and securities are required to be valued at $500 or more on the date of delivery.

Donors wishing to give stock and securities at less than $500 are encouraged to sell them and donate the proceeds to the Foundation. If you are considering a donation of $500 or more, consider these advantages of giving public traded stock, bonds, mutual funds and other appreciable securities:

• You are entitled to a federal income tax charitable deduction if you file an itemized return. Many state income tax laws also allow for a charitable deduction.

• If the donated items have been held long-term (twelve months or longer), you may claim a deduction for their full fair market value.

• When appreciated securities are donated, you avoid paying tax on the capital gain.

In most instances, you can take a tax deduction for the full market value of the gift and avoid any capital gains tax. Please consult with your tax advisor for more specific information and to maximize the benefits of your donation.

How to Make a Gift of Securities

Here is a quick guide to ensure the successful execution of your unrestricted, publicly traded securities.

If you physically hold the shares, the stock certificate and a stock power must be sent to the Pine Forge Academy Foundation Office. Your stock power must include a guaranteed signature. For security reasons, this information should be sent in a separate envelope from the stock certificate. Both items should be sent to:

Pine Forge Academy Foundation, Inc.
P.O. Box 957
Greenbelt, MD 20768
(301) 446-1018
info@pfafoundation.org

Stock Held in a Brokerage Account

1. Instruct your broker to transfer ______ number of shares of your __________________________ stock to the Pine Forge Academy Foundation as of ____________, 20____.

2. Please ask your broker to include your name and the phrase For the benefit of Pine Forge Academy in the transfer instructions with the stock transfer.

3. You will need to notify us of your stock gift by mailing, faxing or emailing a copy of the transfer instructions to the Pine Forge Academy Foundation.

NOTE: If you are transferring mutual funds, restricted stock, or closely held securities, please contact the Foundation at (301) 446-1018.

Electronic Transfer

To transfer securities to the Foundation, you can do so via Electronic Transfer or Mailing Certificates. For information regarding the valuation of stocks and bonds or gift crediting, please contact Foundation Office at (301) 446-1018.

The most popular and most efficient way to transfer securities to Foundation is by electronic transfer. This is done through a free delivery that simply means that Pine Forge Academy gets 100% of the value of the transfer versus the broker receiving a portion in commissions.

If your stock is held at a broker, notify the broker that you wish to make a gift of securities to Pine Forge Academy. Your broker will need written authorization from you before they can make the transfer. Be sure to tell them the name of the stock that you want to transfer, the number of shares, and where you would like your gift to be designated when it reaches the Foundation.

Once you have authorized the transfer, ask your broker to contact the Pine Forge Academy Foundation.

NOTE: Even if you have donated securities in the past, be sure your broker contacts the Foundation Office BEFORE the transfer is made. The transfer instructions can change from year to year. A quick phone call from your broker to verify the current instructions will prevent any transfer problems.

Mailing Stock Certificates

If your securities are not held at a broker (see Electronic Transfer if they are) then you can mail the certificates directly to the Foundation Office.

If mailing, send your unendorsed certificate(s) and a cover letter (including your name, address, and purpose of the gift) in one envelope. In a second envelope, send a signed, signature guaranteed, stock power. We strongly recommend using registered mail to forward your certificates and stock power. A stock power form can be obtained at your local bank.

If the securities are held by your bank or broker, it is usually best to transfer them electronically via the Depository Trust Co. (DTC) system:

Contact: Juanita Farmer, CPA, Foundation Treasurer
Email: jfarmer@pfafoundation.org
Tele:(301) 296-4401

or

Contact: Beverly Howard, Executive Assistant
Email:bhoward@pfafoundation.org
Tele: (301) 446-1018.

We will need the following information from you:

Your Name
Home Address
Contact Telephone Number
Email Address
Type of Securities (Stock, Bonds, etc.)
Securities Ticker Symbol
Number of Shares
Estimated Value
Project fund you wish to be credited

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