Many donors find it convenient and tax-wise to give appreciated securities. Gifts of appreciated securities offer tax advantages including forgiveness of the tax on capital gain and an income tax charitable deduction for the fair market value of the securities. You also can make gifts of property such as real estate, life insurance, retirement accounts, works of art, jewelry and valued collections.

A gift of appreciated securities such as stocks, mutual funds, and bonds can provide attractive benefits to the donor. An outright gift of long-term appreciated securities (securities held for more than a year) avoids capital gains taxes and, in many cases, the donor obtains a charitable income tax deduction equal to the market value of the donated securities.

Giving stock through electronic transfer is the easiest, and most expedient, method of giving when a donor maintains holdings in a brokered account. Depository Trust Company (DTC) is the clearinghouse for our electronic security transfers. Each brokerage firm has a specific DTC number.

When you wish to make a gift of stock, provide the following information to the transferring broker:

Account Name: Hospice at Greensboro, Inc. (DBA Hospice and Palliative Care of Greensboro) 
Account Number: 34529212
DTC Number: 0141
Clearing Broker: Chris Barbee at Wells Fargo - (336) 272-0523
Reference: [Donor’s name]

Download the Gifts of Stock Transaction Form. 

Please alert the Resource Development Department at 336-621-2500 before the transfer so that we can make arrangements with our broker to receive the stock: without this information, we cannot issue a tax receipt. When you call, please indicate the purpose of the contribution, such as whether it is an annual gift or if it is restricted to a specific project such as Beacon Place, Kids Path® or another purpose.

If you have questions, please contact Paul J. Russ, CFRE, Director of Resource Development at HPCG, This e-mail address is being protected from spam bots, you need JavaScript enabled to view it  or (336) 621-2500.

For more information on Planned Giving, CLICK HERE.