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.
- Ask your broker or bank to include your name in the transaction description.
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
Attention: Ms. Michelle Quimiro, The River Forum, and Suite 450
4380 S.W. Macadam Avenue, Portland, OR 97239-6407
(In your delivery instructions be sure to note the gift is for CARE.)
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
Attn: Ms Michelle Quimiro
The River Forum and Suite 450
4380 South Macadam Avenue
Portland, OR 97239-6407
- In your delivery instructions be sure to note the gift is for CARE
GIFT ANNUITIES - State Street Global Advisors (SSgA):
Delivery Instructions – Physical Stock Certificates
Please be sure to send to the attention of Rose Mazimpaka any physical stock certificates so the receipt of the gift is recorded.
CARE USA
Attention: Rose Mazimpaka
151 Ellis Street, NE
Atlanta, GA 30303
rmazimpaka@care.org
Delivery Instructions – Mutual Funds (Electronic Delivery)
Contact Clare Boretti (617) 664-3220 at State Street Global Advisors. Please provide the CUSIP, # of shares and delivering broker #. State Street will set up an account number at the Mutual Fund and forward to the donor so the delivery can be made. State Street will also provide a sample letter to be sent by the donor to the Mutual Fund account, which helps facilitate the transfer.
For other Life Income Gifts, please see our Planned Giving information pages.
