As we grow older the need for substantial gifts of material value diminishes in most of us. We realize that we prefer to both give and receive gifts of meaning and thought and gifts that make a difference too! Gifts to the environment always outlast the giver.
Electronic Transfer: Giving stock through electronic transfer is the easiest method if you maintain holdings in a brokered account. Depository Trust Company, or DTC is the clearinghouse for 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: | Pinelands Preservation Alliance |
| Account Number: | 5 ER 085338 |
| DTC Number: | 0443 |
| Receiving Custodian: | Pershing |
| Reference: | [Donor’s Name] |
Please alert PPA before the transfer so that we can make arrangements with our broker to receive the stock. We cannot sell or acknowledge receipt of an unidentified security. At the same time, please let us know whether the donation is intended as support for our operation, our endowment or a specific program or activity. It is also possible to contribute to support a particular issue like water quality protection or threatened and endangered species habitat protection.
Stock Certificates and Stock Powers: If you send a stock certificate that is in your name, a letter of intent must be included. Under separate cover, please send a signed stock power. PPA does not recommend sending signed stock certificates in the mail. On the stock power, your signature is the only item that is needed. The process for registering stock certificates (transferring stock certificates into the PPA’s name) can take from two to four weeks. Stock certificates should be sent to:
Pinelands Preservation Alliance
Director of Development
17 Pemberton Road
Southampton, NJ 08088
If the certificates have been registered to PPA, a letter should be included identifying the donor and the purpose of the gift.
The process of giving mutual fund shares takes a few more steps and more time to complete. In general, mutual fund companies do not allow shareholders to transfer mutual fund shares outside of the fund. The shares must be transferred to an account within the fund created for PPA.
Using a Share Transfer Form:Most mutual fund companies will provide a standard Transfer of Shares to New Owner Form that authorizes the transfer of shares from your account into an account opened for PPA. The form must be completed by you and PPA. You may either leave the “transfer to” portion of the form blank and allow PPA to fill it in, or you may indicate that the shares are to be transferred to the PPA. If you wish to designate your gift for a specific area, please note this in a letter accompanying the form when you send it to us.
All persons listed in the “transfer from” section of the form (owners of the account) must sign the form. All signatures must be medallion guaranteed, not notarized. Medallion guarantees are available at a bank or brokerage.
After completing your portion of the form, please send it to the PPA at the following address:
Pinelands Preservation Alliance
Director of Development
17 Pemberton Road
Southamtpon, NJ 08088
If you are unable to obtain a form from your mutual fund company, you may write a letter addressed to the company authorizing the transfer of shares to the PPA. All owners of the account must sign the letter, and the signatures must be medallion guaranteed. Please send the original of the letter to the PPA at the address above so that the PPA can attach a letter requesting the transaction.
Gifts of mutual fund shares do take some time to finalize so advance preparation is recommended when the timing of the gift is crucial.