Thank you for considering a gift of appreciated stock or other securities to the Trudeau Fund!
By donating appreciated stock held for over a year, you may be able to deduct the full market value and avoid capital gains taxes. This win-win approach allows you to make a larger impact on those we serve while also potentially saving you money in taxes. (We suggest you always consult your accountant or financial planner to fully understand your particular situation.)
To properly credit your gift, we ask that you notify J. Arthur Trudeau Memorial Center’s Chief Financial Officer, Domenic Cappalli via email or by calling 401-739-2700, to let us know that a gift will be transferred. Due to privacy laws, gifts of securities may be transferred without a clear link to the name of the original donor. If we don’t know that you are the donor, we cannot properly credit your gift, nor provide you with a gift receipt for tax purposes.
Instructions:
- Before initiating a gift, please contact our Bank of America representative, Sean Dagesse at 401-278-6010. He will request the donor’s name, the names of the securities that will be transferred, number of shares, the anticipated date of transfer, the CUSIP Number or Ticker Symbol of the stock and the DTC Participant # of the broker/ bank transferring the securities.
- Notify your broker that you are making a gift of stock or bonds to the Trudeau Fund. Instruct your broker to transfer the securities, if DTC-eligible, to the Trudeau Fund account at Bank of America and to contact Sean Dagesse at the number provided. Your broker will then receive proper DTC instructions.