A gift of stock can be made to SCAA by instructing the donor's broker to transfer ...
Personal Wealth Management (The Marcus Group) and into SCAA's account.
Make a Gift to SCAA via Stock Transfer Instructions A gift of stock can be made to SCAA by instructing the donor’s broker to transfer stocks electronically to Citigroup Personal Wealth Management (The Marcus Group) and into SCAA’s account. To do this, the donor should inform his own broker in writing, by fax or some other means, that (s)he wishes to gift stocks, bonds or mutual funds to SCAA. Instructions to his or her broker should state: 1. The name of the security(ies) and the number of shares of each to be gifted. 2. Donor’s specific intention to gift these shares to SCAA, Schuyler Center for Analysis and Advocacy. Federal ID #: 13-5562357. 3. That the stock is being gifted to SCAA Account #C34037827. 4. That the shares should be transferred electronically via DTC#443, the Citi Personal Wealth Management electronic transfer number. These days, most stockholders do not have actual paper stock certificates in their possession. Electronic transfers are the norm. However, if someone is gifting actual paper stock certificates to SCAA, they should send them by certified mail with an accompanying instruction/intent letter, as described above, directly to: Citi Personal Wealth Management Attention: Seth Marcus The Marcus Bougus Group 601 Lexington Avenue, 3rd Floor New York, NY 10022 Phone: 212-559-5713 DTC: 443 SCAA Acct #: C34037827 A copy of the accompanying letter should be sent to SCAA to advise us that the gift was made. The letter should include all information (#1-3 above) noted above. Otherwise, SCAA may not learn of the gift. NOTE: Actual stock certificates should not be signed on the reverse side when they are sent to Citi. Once they are signed, they are negotiable by anyone. Instead, once Citi receives the actual certificates, the donor will be sent a stock transfer form to sign/ return to Citi. This procedure will allow the donor to endorse the certificates to SCAA and avoid potential theft of signed stock certificates. Should you have questions regarding gifts of stock to SCAA, please contact Helen Smith,
[email protected], 518/463-1896, x140.
Make a Gift via Stock Transfer Form Schuyler Center for Analysis and Advocacy (SCAA) Federal Tax ID: 13-5562357 NOTE: Complete this form and send directly to your broker. Please send a copy to SCAA. From: ________________________________________________________________ Donor Name ________________________________________________________________ Donor Address (street) (city) ( zip) ________________________________________________________________ Donor Phone I wish to donate the following securities to SCAA: Name(s): _______________________________________ #of Shares : _____ _______________________________________ #of Shares : _____ _______________________________________ #of Shares : _____ Transfer securities to: Citi Personal Wealth Management Attention: The Marcus Group (Seth Marcus) 601 Lexington Avenue, 3rd Floor New York, NY 10022 Phone: 212-559-5713 DTC: 443 SCAA Acct #: C34037827
Donor Signature: ________________________________________ Date: _____________________ cc:
SCAA Attention: Helen Smith 150 State Street, 4th Floor, Albany, NY 12207 (P) 518/463-1896, ext. 140 (F) 518/463-3364
[email protected]
