Gifts of Stock
Donating appreciated stock is a tax-smart way to make a charitable gift. If you have owned the stock for longer than one year, you may avoid capital gains by donating stock.
In order to make a gift of stock, please follow the stock transfer instructions below to ensure smooth processing:
– Contact Liz Curnett in the Cincinnati Children’s Department of Development at 513-636-4484 (office); 513-636-7173 (fax); or email to [email protected] and provide the following information:
- Name of broker/firm/telephone number
- Name of donor(s)/address/telephone number
- Name of company stock to be transferred
- Number of shares of stock
- Expected date of transfer
- Specify that the gift is restricted to Kindervelt of Cincinnati Children’s and inform Liz that your gift is on behalf of a specific Kindervelt group number/name, if applicable.
- Tell us whether stock is held in account or in certificate form
– If the stock is held in account at a brokerage firm:
- Provide your broker with written authorization to initiate the transfer of shares to the Cincinnati Children’s account specified below.
- Fax a copy of your transfer letter to Sharon Carter in Foundation and Endowment Services at Fifth Third Bank at 513-358-4753. Or, contact Ms. Carter by phone (513-358-1874) or e-mail ([email protected]) to alert her that you will be making a stock transfer to the account specified below. Please remember to provide the name of the donor(s).
Cincinnati Children’s Hospital Medical Center
Fifth Third Bank
Tax Identification Number 31-0833936
DTC Number 2116
Account Number 010003806932
Name of Donor(s)