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tock
gifts are coordinated by the Foundation's
Treasurer, who directs proceeds from the sale of
these assets to our General Campership Fund, if no other
Fund is specified.
Giving
stock through electronic transfer is the easiest method
when a donor maintains holdings in a brokerage account.
The Depository Trust Company, or DTC, is the clearinghouse
for electronic security transfers. Each brokerage firm
has a specific DTC number. When you wish to make a gift
of stock, please provide the following information to
the transferring broker:
|
| Account
Name: |
John
Austin Cheley Foundation |
| Account
Number: |
4760-6054 |
| DTC
Number: |
0164,
Code 40 |
| Clearing
Broker: |
Charles
Schwab & Company |
| Reference: |
{Donor's
Name} |
|
| Please
alert the Foundation Treasurer before the transfer so
that we can make arrangements with the broker to receive
the stock. The Foundation cannot sell an unidentified
security. At the same time, please indicate the purpose
of the contribution, such as an annual gift, a memorial
gift, a pledge payment, or funds for a planned gift.
Stock
Certificates and Stock Powers: If you send a stock
certificate that is in your name, a letter of intent
must be included. Under separate cover, please send
a signed stock power. The Foundation does not recommend
sending signed certificates. Stock powers are available
from the Treasurer or from any broker. On the stock
power, your signature is the only item that is needed.
If the certificate is in the Foundation's name, no stock
power is needed. The process for reregistering stock
certificates (transferring the certificate into the
Foundation's name) can take from two to four weeks.
Stock certificates should be sent to the following:
|
John
Austin Cheley Foundation
Bill Horne, Treasurer
John Austin Cheley Foundation
10565 Centennial Drive
Alpharetta, GA 30022-7078 |
|
| Certificates
that have been re-registered to the John Austin Cheley
Foundation, should include a letter identifying the donor
and the purpose of the gift. (Please feel free to email
the Treasurer, Bill Horne, with any questions or if
you would like to transfer mutual fund shares.) |
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