Publicly Traded Securities
If the donor holds the certificates:
Do not endorse the certificates. Please mail them via U.S. Postal Service
(certified mail and insured for three percent of market value) without
any endorsement or assignment along with a letter stating the purpose
of your gift to:
2325 Intelliplex Drive, Suite 201
Shelbyville, IN 46176
In a separate envelope, please send one endorsed stock power form per certificate. Endorse each
form exactly as your name or names appear on the front of your certificate(s)
and have the signature guaranteed by your broker or banker. Do not include
any other information on the stock power form – only your signature.
This will prevent your securities from being readily negotiable. Include
a copy of your letter stating the purpose of your gift. Send the form
to the Major Hospital Foundation.
Your stock certificates will not be negotiable until we have received both
envelopes from you, so this is a very safe way to transfer your stock
to the Major Hospital Foundation.
If the donor’s broker or banker holds the securities:
Please call your broker or banker and let them know that you want to make
a gift of stock to the MHP Foundation. He/she will want to know the name
of the stock and the number of shares you are contributing. Request him/her
to advise the MHP Foundation by calling Angela Gill, Executive Director
of the Foundation (317-421-0361). Angela will promptly give your broker
or banker instructions for the disposition of your gift and provide him/her
with the Foundation’s federal I.D. number.
You should send a letter confirming your instructions to your broker or
banker. A copy of the letter should be sent to the Foundation at the above address.
Please remember that you
do not want to tell your broker to sell the stock and forward the proceeds to
the MHP Foundation. This will jeopardize the excellent tax benefits you
would receive if the Foundation arranges for the disposition of the stock.
For electronic transfer of the securities:
Security transfers to the MHP Foundation may be made by electronic transfer through:
Raymond James & Associates, Inc.
FAO: Major Hospital Foundation, Inc., Account # 14384131
P.O. Box 12749
St. Petersburg, FL 33733-2749
The donor’s broker or banker will need the following numbers:
DTC No.: 0725
Major Hospital Foundation Account No.: 14384131
Major Hospital Tax ID No.: 23-7119980
Securities will be valued as of the date of delivery as defined below:
|Type of Delivery
|Electronic Transfer (please call the Foundation at 317-421-0361 for information
needed prior to transfer)
||Date securities received in the Foundation custodial account.
|Personally delivered to the Foundation or received by a Foundation representative
||Date received by the Foundation representative or delivered to the Foundation
|Mailed to the Foundation by the donor.
||Date certificates are mailed (postmark date on the envelope provided securities
are received by the Foundation in the ordinary course of mails).
|Delivered to donor’s broker or agent and he/she mails to the Foundation
||Date certificates are mailed to the Foundation by the broker (provided
securities are received in the ordinary course of mails).
|Delivered by donor to his/her bank or broker (as donor’s agent) or
to issuing corporation (or its agent) instructing corporation to reissue
in the Foundation’s name.
||Date stock is transferred to the Foundation’s name on corporation’s
books. (This is the date on the new certificate issued in the Foundation’s name).
The fair market value assigned to gifts of securities is the mean between
the highest and lowest quoted selling price on the date of delivery of
the gift. The Foundation will notify the donor with amount of his/her
contribution deduction based on the date that the transfer is completed.