Many of our donors make cash gifts to support the Recording for the Blind & Dyslexic New Jersey Unit. We see a growing number of donors taking advantage of the benefits that come from contributing gifts of long-term appreciated securities.
These advantages include an income tax charitable deduction based on the market value of the security at the time of the gift, and avoidance of capital gains tax on the appreciated value of the securities. Significant tax advantages are available by making this type of gift.
Securities Held by You
If you hold a stock certificate, please send it to us with a stock power form. For safety and simplicity, you should send the certificate and stock power form separately.
1. Send your certificate(s) without any endorsement, assignment, or other notation to:
(by first class mail)
Grace P. Alparone, Director of Development
RFB&D New Jersey Unit
69 Mapleton Road
Princeton, NJ 08540
(via overnight carrier)
Grace P. Alparone, Director of Development
69 Mapleton Road
Princeton, NJ 08540
Enclose a letter stating Annual Giving as the purpose of your gift.
2. Download and print a stock power form, one for each separate security, if applicable.
3. Sign the stock power exactly as your name appears on the certificate and leave the rest of the form blank. You can secure a medallion signature certification from your bank that will be stamped on the form guaranteeing the authenticity of your signature. Please mail this form separately from the actual stock certificate.
4. Mail the signed stock power in a separate envelope, along with a copy of the letter that accompanied the certificate, to the address above.
Questions about stock gifts? Please contact Grace P. Alparone at 609-750-9579 or e-mail galparone@rfbd.org.
Securities Held by Your Bank or Broker
Please copy Grace P. Alparone at Recording for the Blind & Dyslexic New Jersey Unit (fax to 609-750-9653) on any correspondence with your brokerage or bank to avoid unidentified gifts.
1. Provide written gift instructions to your bank or broker.
A sample instruction letter might read:
Per our recent telephone conversation, I wish to make an irrevocable gift to Recording for the Blind & Dyslexic New Jersey Unit Annual Giving of "x" shares of "XYZ" Corporation. Please transfer the stock to Recording for the Blind & Dyslexic New Jersey Unit via DTC as follows:
DTC Eligible Securities
PNC Bank, N.A.
DTC # 2616
Agent ID# 26998
Institutional # 95261
Account Name: Recording for the Blind & Dyslexic Gift Account
Account Number: 21-42-001-1102314
Before transferring the stock, we need the brokerage firm name and DTC# from which the security originates along with the security's CUSSIP# and number of shares.
2. Please send a copy of this correspondence to RFB&D NJ Unit:
Grace P. Alparone
Recording for the Blind & Dyslexic New Jersey Unit
69 Mapleton Road
Princeton, NJ 08540
or via fax to 609-750-9653
Questions about stock gifts? Please contact Grace P. Alparone at 609-750-9579 or e-mail galparone@rfdb.org
Note: Your gift is valued on the day that the stock is received in the RFB&D account. Gifts of securities that are held for more than one year may be deducted at the full market value.
For information about gifts of mutual funds or for other questions, please contact: