Donate Stock

 

Thank you for considering a stock donation to The Bowery Mission and Kids With A Promise.

Gifts of securities which have gone up in value since their purchase can provide additional benefits:

  • You receive a charitable income tax deduction equal to the fair market value of the securities if they have been held longer than one year.
  • You avoid capital gains tax.

How to Transfer Stock

Please contact the Director of Development by email or phone (212-684-2800) and let us know you are making a gift of stock. This is important to insure proper receipt and acknowledgement of your gift. Then, you can select an electronic or physical transfer.

Electronic Transfer

Your broker can transfer securities electronically into the Christian Herald Association account (the legal name of The Bowery Mission and Kids With A Promise) at Fidelity.

Account Name: Christian Herald Association
Account #: Z70-651664 (Operating Account)
DTC: 0226 (Fidelity Investments/NFS delivery number)
Attn: Bert Iannone (212-371-2327, x50631)

Physical Transfer

You can forward your stock certificate(s) directly to The Bowery Mission and Kids With A Promise. Each stock certificate requires a stock power form. The stock powers should be signed and the signature guaranteed by your local bank or broker.

Mail the stock powers, along with a letter indicating your intent to make a gift, to the address below. Under separate cover, send the stock certificate(s) to the same address. We recommend that you send the certificate(s) via registered mail or deliver them in person to:

Chief Financial Officer
The Bowery Mission and Kids With A Promise
Administrative Headquarters
132 Madison Avenue
New York, NY 10016
212-684-2800

The above information is not intended as legal or financial advice. Please consult your personal advisors for the applicability of these principles to your own situation.

Find out about other ways to donate.