Giving securities you have owned for more than a year that have gained in value may benefit you and United Way of Greater New Bedford!
Simple Steps for Giving a Gift of Securities to United Way
If you would like to make a gift of stock to United Way of Greater New Bedford, we would be happy to guide you through this simple process.
First, contact United Way so we can provide you with all the information needed to make a transfer (the name of our brokerage firm, the brokerage firm’s DTC number, the account name and number, and the name and telephone number of our broker contact at the firm). Then you can call or write to your broker and ask them to initiative a “broker to broker” transfer. Instruct your broker to donate the stock directly to United Way of Greater New Bedford. It is important that the securities be transferred directly to United Way’s account prior to being sold in order to avoid capital gains taxation.