MENU

Stock Gifts

Considering offering stocks as a charitable donation?

If so, the transfer process is easy. In two steps most securities can be transferred electronically to our account by your broker. Stock held in certificate form can be transferred by mail or delivery to our offices.

Are there any tax benefits?

Yes, appreciated securities which you have owned for longer than one year generate a charitable income tax deduction for the current market value of the securities. In addition, you avoid capital gain tax on the appreciation in value.

Electronic Transfers

What steps do I have to take for an electronic transfer?
 

STEP 1

Notify us by calling Patricia Simpson at 215-728-4740.

Please provide your name and contact information, the specific issue and number of shares to be transferred and the name and contact information for the transferring broker. Download the Electronic Fund Transfers form here.

STEP 2

Advise your broker to contact us for electronic delivery instructions.

Your broker may require a written request from you to initiate the transfer. View a sample letter of instruction to your broker.

Transfer by Mail

Mail the securities and a signed stock power in separate envelopes to:

Attn: Patricia Simpson
Institutional Advancement
Fox Chase Cancer Center
333 Cottman Avenue
Philadelphia, PA 19111

Do not endorse or complete the reverse side of the certificates.

Please Note

In accordance with IRS requirements, your gift will be valued and receipted at the mean per-share trading price on the date of electronic transfer from your account, or the postmark date for mailed certificates. For end-of-year transfers, we recommend you follow-up with your broker to ensure the transfer occurs by December 31.

For more information, contact:

Patricia Simpson
Administrative Assistant
215-728-4740
Patricia.Simpson@fccc.edu