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ways of giving : gifts of stock


A gift of appreciated securities is a common way to make a contribution. You can often take a charitable deduction for the fair market value of the securities as of the date of transfer and avoid capital gains associated with the sale. MECA can accept stock electronically through your broker or in certificate form. You or your broker may call our office at 207.775.5098 for further information.

 

How to Transfer Stock Gifts to MECA
Your brokerage firm may wire gifts of stock directly into one of Maine College of Art's brokerage accounts. Your broker must attach your name to the transaction in order for the gift to be properly recorded. For details on making a wire transfer, please e-mail MECA's Advancement Office or call us at (207) 775-5098.

To ensure you're properly credited, each stock gift should include the following information:

Your name
Name of Stock

Shares being transferred

Approximate dollar value

Purpose(s) of the gift

Name of your brokerage firm


Instructions for transferring mutual funds, government securities, or making wire transfers of cash are available.  If you have any questions about making a transfer, please call us at (207) 775-5098 or email the Advancement Office.

 

 

 



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