Donating appreciated securities is an excellent way to support Cape Cod Healthcare. If you own stock or mutual fund shares that have appreciated in value, you can donate these shares and not have to pay any capital gain tax on your “paper profit.” And you can take a federal income tax charitable deduction for the full appreciated value of the securities, subject to some limitations, if you have held them for more than one year.
Cape Cod Healthcare Foundation prefers to accept gifts of stock that have been electronically transferred directly into our brokerage account.
Transferring Stocks and Securities
Please instruct your broker to transfer the shares you would like to donate to our account at Ameriprise Financial Services, Inc. and have them confirm the stock:
Account #: 6624-7104
Account Name: Cape Cod Healthcare Foundation
DTC #: 0756
Ameriprise Financial Services, Inc.
70100 Ameriprise Financial Center
Minneapolis, MN 55474
Contact/Advisor: Alfred P. Schofield
Telephone: 508-420-8360
Once the transfer is complete, please have your broker confirm the transaction and gift designation by contacting either Jack Crowley by phone at 508-862-5681 or email at jcrowley@capecodhealth.org or Tiffany Thomas by phone at 508-862-5655 or email at tthomas@capecodhealth.org.
Sending Certificates
If the securities you wish to donate are currently held in certificate form, please send them unendorsed with a note stating the gift restriction to the attention of:
Alfred P. Schofield
Ameriprise Financial Services, Inc.
1284 Main Street
Osterville, MA 02655
Please do not fill in any other information on the stock power form. Cape Cod Healthcare Foundation will credit the gift at the mean value on the day of irrevocable transfer to our account at Ameriprise Financial Services, Inc.
