How to Donate Stock and Securities to AmeriCares

A gift of stock or other securities can make a world of difference in your personal charitable and estate planning. Since many securities have appreciated in value since their purchase, they make an attractive gift under current tax laws. AmeriCares welcomes donations of stocks but such gifts should only be made after consulting with your financial advisor.

How to Transfer Stock to AmeriCares

Option 1: Electronic Transfer
If your securities are currently held in a brokerage account, your broker can transfer securities electronically into the AmeriCares Stock Account at Bank of America. For instructions, please contact Holly Donaldson at 203-658-9687, or email hdonaldson@americares.org.  Call Toll-Free at 1-800-486-HELP (4357) ext. 687.

If you are interested in transferring mutual funds, please contact Holly Donaldson, and she will direct you to the appropriate broker for the transfer.

It is important that either you or your broker advise us in advance at the above telephone number or hdonaldson@americares.org  of any stock donation. We will need to know your name, your address and the name and number of securities you will donate so we can send you a letter of acknowledgement for tax purposes. This is because when stocks are transferred electronically broker to broker, we are informed only of the donation by stock name and the number of shares, not the name of the donor.

Option 2: Physical Transfer
You can forward your stock certificate(s) directly to AmeriCares. Each stock certificate requires a stock power form. The stock power form should be signed in front of your local banker or broker, who will then affix a signature guarantee on the stock power form.

Mail the stock power form, along with a letter indicating your intent to make a gift of securities to AmeriCares Foundation, Inc., to the address below. Under separate cover, send the stock certificate(s) to the same address. For additional protection, we recommend that you send the certificate(s) via registered mail. Please mail to:

       Holly Donaldson
        AmeriCares Foundation, Inc.
        88 Hamilton Avenue
        Stamford, CT 06902

Once the transfer is complete, AmeriCares will send you an acknowledgement letter.