As with all gifts, you should consult your own tax advisors to confirm that it is advantageous for you to contribute appreciated securities.
If your broker (or bank) holds your shares, you may request that they be transferred directly to Berkshire Country Day School via DTC (Depository Trust Company):
Provide your broker with Berkshire Country Day School’s DTC information below and ask them to include your name in the wiring instructions:
Vanguard Brokerage Service
DTC: #0443
Account #: 40V131732
Account Name: Berkshire Country Day School
Broker: Chris Coffman
In order for Berkshire Country Day School to promptly process and credit the gift to you, notify Julie Clancy, Assistant Head of School for Advancement and Enrollment (413-637-0755 ext. 124 or jclancy@berkshirecountryday.org). You will also need to know the name of the stock, and the number of shares or approximate dollar amount you will be transferring. Your broker should also notify BCD of your gift so that we can provide the necessary tax donation receipt.
The effective date of your gift will be the date the security is transferred into Berkshire Country Day School’s account, and the value of your gift will be the average of the high and low quotations for that day.
Other methods of transfer are available. Further information can be obtained by calling Chris Coffman at 1-800-369-2805.