Transfer a Gift of Securities
A gift of appreciated securities is an attractive option for some people. Appreciated securities which you have owned for longer than one year generate a charitable income tax deduction for the current market value of the securities. In addition, you avoid capital gain tax on the appreciation in value.
The transfer process is easy. Most securities can be transferred electronically to our account by your broker. Stock held in certificate form can be transferred by mail or delivery to our offices.
Notify us by calling Patricia Simpson at 215-728-4740.
Please provide your name and contact information, the specific issue and number of shares to be transferred and the name and contact information for the transferring broker.
Advise your broker to contact us for electronic delivery instructions.
Your broker may require a written request from you to initiate the transfer. View a sample letter of instruction to your broker.
Transfer by Mail
Mail the securities and a signed stock power in separate envelopes to:
Attn: Patricia Simpson
Fox Chase Cancer Center
333 Cottman Avenue
Philadelphia, PA 19111
Do not endorse or complete the reverse side of the certificates.
In accordance with IRS requirements, your gift will be valued and receipted at the mean per-share trading price on the date of electronic transfer from your account, or the postmark date for mailed certificates. For end-of-year transfers, we recommend you follow-up with your broker to ensure the transfer occurs by December 31.