Instructions for Making Security Gifts
Effective June 2, 2008, CARE USA began using the master custody services of Bank of America, N.A. Our instructions for completing gifts of stock have changed and are detailed below. You might wish to share these instructions with your broker or banking institution.
Here are some important tips for ensuring that your gift is received and processed according to your wishes:
OUTRIGHT SECURITY GIFTS:
- Please notify CARE when you are prepared to make your gift and we will provide you with the stock delivery instructions. Let us know when you expect the gift to be made and if there is a particular program you wish to benefit.
- Call Laxmi Oli at 404-979-9517 or Leny Fernandez at 404-979-9211
- E-mail us at loli@care.org or fernandez@care.org
- Ask your broker or bank to include your name in the transaction description if you would like to receive your acknowledgement letter on time.
Delivery Instructions - Mutual Funds
- Please complete the Authorization to Transfer form, please sign it, and, please have your signature medallion guaranteed
- Please provide a copy of your latest mutual fund statement listing the asset you are gifting for verification of the following: your account number at the fund, and, the account registration.
- Please send both the completed form and your mutual fund statement to:
- Bank of America Merill Lynch
Attention: Mr. Paul Foster
Mail Code MA1 225 04 03
225 Franklin Street, Boston, MA 02110
(In your delivery instructions be sure to note the gift is for CARE.)
To contact Mr. Foster, please email him at paul.j.foster@baml.com or call him at (617) 434-7659
Delivery Instructions – Physical Stock Certificates
- Please, ask your broker or bank to register physical stock certificates as follows: “Bank of America, NA as Custodian, fbo CARE USA”
- If the stock certificate is registered in your name, please leave the other side of your certificate blank with no signature and no assignment, and please sign a blank stock power:
- Please note that your signature on the stock power must be medallion guaranteed
- Apart from your signature, please do not complete any information on the stock power
Click here for a copy.
- It is very important that your certificate and stock power be sent in separate envelopes to:
- Bank of America Merill Lynch
Attention: Mr. Paul Foster
Mail Code MA1 225 04 03
225 Franklin Street, Boston, MA 02110
(In your delivery instructions be sure to note the gift is for CARE.)
To contact Mr. Foster, please email him at paul.j.foster@baml.com or call him at (617) 434-7659
Delivery Instructions – Electronic Delivery – DTC Eligible
- Bank of America
DTC 0955 / Institution 20955
Beneficiary Account Number: 79161005845031
Beneficiary Name: CARE USA
Originator to Beneficiary Information (OBI): Donor Name
For other Life Income Gifts, such as gift annuities, please see our Planned Giving information pages.
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