How to Transfer Stock
New Horizons accepts gifts of readily marketable securities. Please follow the directions listed below. If you have any questions contact Pat Daum, Director of Fund Development at 772-468-4076.
If your stock is held at a brokerage firm, direct your broker to wire transfer the shares to New Horizons of the Treasure Coast’s broker:
Name
Brokerage firm
Street
City, State
Phone
Wire # SB DTC
FBO New Horizons of the Treasure Coast, Inc. Account #
If you have possession of the stock certificate, in any denomination, take it UNSIGNED, to Cashier at Brokerage. She will arrange the transfer of the shares you are gifting and, if necessary, arrange for a smaller certificate for you. You will receive a receipt.
Please call Pat Daum at 772-468-4076 and let us know to expect your gift of stock. Brokerage firms do not release donor names to our office, and we wish to thank you for your gift in a timely manner.
The amount of your charitable contribution is the mean price between the high and the low price of your stock on the day you made the gift.
Neither New Horizons of the Treasure Coast nor brokerage firm is engaged in rendering tax advisory services. For advice on specific cases, the services of a tax advisor should be obtained.