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Gifting Stock

The Toledo Community Foundation is the single most flexible institution for charitable giving. We offer an amazing array of charitable giving opportunities - the causes you support, the assets you give, and the form your giving takes can all be customized to meet your own individual needs and interests.

 

All approved contributions are tax deductible. Toledo Community Foundation will be sending you a receipt after the gift has been received for your records.

Securities
If you wish to make a gift of securities to a fund of Toledo Community Foundation, several possible ways of doing so are described below. If you wish to make a gift of restricted (Rule 144), closely-held, or other non-publicly traded securities please contact us to obtain instructions on what additional information is required for this type of stock.

Securities Held in a Brokerage Account
Securities held by a broker should be delivered by wire to one of our brokerage accounts based on the number of shares gifted.

Use the following information to transfer the stock:

If you will be gifting shares of stock, please use Toledo Community Foundation's account with Wells Fargo Advisors:

Acct: 8369-5104
DTC: 0141
Contact: Heather St. Julian

Phone: 419.872.3864
Toledo Community Foundation tax ID # is 23-7284004

For your convenience, the Foundation also maintains accounts at a number of other brokerage firms, which can be used to transfer securities gifts to the Foundation. Please contact us if you would like more information about a specific brokerage at siopfoundation@siop.org or 419.353.0032.

When transferring securities to the Foundation, please let us know as soon as possible, so that our broker can be alerted to accept the securities, and so we can acknowledge your gift properly. All securities gift proceeds will be net of any applicable commissions or fees.

Securities Registered in Your Name
We will need a signed stock power and letter of authorization. Please sign your name(s) exactly as it/they appear on the face of the certificate, and complete a separate stock power for each certificate. Please only complete the blanks where indicated. Stock powers and letters of authorization can also be obtained from the Foundation offices. You may execute these documents yourself and deliver them with the stock certificate(s) to the Foundation at our offices by hand, by mail or arrange to have a staff member meet you to pick them up.

If sending a stock gift by mail, we strongly encourage you to send the certificate(s) under separate cover from the stock power and letter of authorization. In all cases we recommend you not sign the back of the certificate(s) for safety's sake. Mail to:

 

TOLEDO COMMUNITY FOUNDATION
300 MADISON AVE STE 1300
TOLEDO OH 43604-1583

Mutual Funds
Many mutual funds can be transferred to the Foundation's Wachovia Securities brokerage account above, provided that Wachovia Securities has an agreement with the fund provider to trade that particular fund. To do so, please contact us at 419.241.5049 to determine if the fund is eligible, then forward a completed Mutual Fund Transfer Request Form from your mutual fund provider to the Foundation, or directly to:

Wachovia Securities
One Seagate, Suite 1100
Toledo, Ohio 43604

Alternatively, you can contact the mutual fund provider and request their own charitable gift or transfer request form. At a minimum, you will need to provide them with the recipient's name (Toledo Community Foundation) and our tax ID number, 23-7284004.

Liquidation: It is the policy of Toledo Community Foundation to liquidate all gifted securities as soon as possible at the current market price. Unless legally restricted from doing so, securities will normally be sold the same business day they are received. If transferring a securities gift via another brokerage, please let us know as soon as possible so we can give them the order to sell immediately.

Year-End Gifts: Please note that, to qualify as a tax deduction in a given year, your mailed stock certificate(s) and properly executed stock power and letter of authorization must be postmarked or hand-delivered by December 31 of that year. The Foundation will acknowledge the gift date of transferred securities as the date on which the securities are credited to an account in the Foundation's name.

Foundation Donation Homepage

SIOP Homepage

 

 

The SIOP Foundation uses the services of the Toledo Community Foundation to manage its assets. Please follow their instructions below to initiate a stock gift/transfer. Please send a note to the Foundation at SIOPFoundation@siop.org to let us know of your gift. In the e-mail please provide instructions as to which fund you would like to gift designated and if applicable, in whose honor the gift is made.

The Toledo Community Foundation is the single most flexible institution for charitable giving. We offer an amazing array of charitable giving opportunities - the causes you support, the assets you give, and the form your giving takes can all be customized to meet your own individual needs and interests.