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Financial Donations: Make a Stock Gift

Giving stock is an excellent way to support Goodwill’s efforts to provide not charity, but a chance.

Giving Stocks through wire transfer:

After you make arrangements with your broker about the number of shares you wish to give, please call Goodwill's Development Department at (617) 541-1254 to let us know about your gift so we can identify and credit it properly when the transfer is made. Notification to Goodwill is important to properly credit the gift. Please provide Goodwill's Development Department with the broker's name, firm name, telephone number and the stock name, number of shares and anticipated value. Securities can be transferred to Goodwill in two ways:

A. If the securities are held by a broker or bank.

The donor must notify their broker of their intention to make a gift of securities to Goodwill. To avoid error, Goodwill prefers to receive the securities directly into its brokerage account rather than receive proceeds from the sale of securities or through a separately established account. The broker should transfer the shares to Goodwill’s account as follows:

Name of Goodwill’s Brokerage: Boston Private Bank & Trust Company
ABA#: 011002343
Credit Account #: 4035871
FFC (For Further Credit) TO: Morgan Memorial Goodwill Industries a/c #755D6193

B. If the securities are held in certificate form and in the possession of the donor:

By regular or registered mail, send the unendorsed certificates and a Letter of Transmittal stating that the enclosed shares are a gift to Goodwill to:

Morgan Memorial Goodwill Industries
1010 Harrison Avenue
Boston, MA 02119
ATTN: David Pearson , Director of Annual Giving

Under separate cover, send a signed Irrevocable Stock Power for each stock certificate and a copy of the Letter of Transmittal to the same address. A blank Irrevocable Stock Power form is attached or can be obtained from a bank or broker. PLEASE NOTE: Except for the donor’s signature at the bottom of the form, this form should not be completed. PLEASE DO NOT SEND THIS FORM WITH THE STOCK CERTIFICATES.

For further questions, please have your broker contact:

David Pearson
Director of Annual Giving
Morgan Memorial Goodwill Industries
1010 Harrison Avenue
Boston, MA 02119
(617) 541-1254
dpearson@goodwillmass.org


Please note that Goodwill’s legal name is Morgan Memorial Goodwill Industries, Inc;
EIN # 04-2106765.

......................................................................................................

Irrevocable Stock Power


To be left blank, (except for your signature(s) at the bottom of the form. Do not send in same package with stock certificate(s).


FOR VALUE RECEIVED, the undersigned hereby assign(s) and transfer(s) unto the Morgan Memorial Goodwill Industries, Inc. ___________# shares of ___________________________________ (type, i.e. common, preferred) stock of (company) ________________________________________________ represented by Certificate's) number's) _________________________________________ inclusive standing in the name of the undersigned on the books of said Company. The undersigned does (do) hereby irrevocably constitute and appoint ______________________________________ attorney to transfer the said stock on the books of said Company with full power of substitution in the promises.

Dated ________________________________________

Signed________________________________________

Signed (if joint account) ________________________________________




 
 
Contact Goodwill: 1010 Harrison Ave. Boston, MA 02119
Phone: (617) 445-1010 or 1-888-828-GIVE(4483)

   
Copyright©2005 Morgan Memorial Goodwill Industries, Inc