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Art by: John Israel

Stock Donations

A smart, financial win for all

Giving the gift of stock, bonds or other securities to The Arc Westchester Foundation has significant benefits for the contributor. If the stock has appreciated in value, the holder can avoid paying the capital gains tax by giving it as a gift.

Please follow the instructions below to transfer securities or cash into a J.P. Morgan account in the name of: Westchester Arc Foundation, Inc.


IMPORTANT: PLEASE INFORM THE FOUNDATION OFFICE OF THE DATE AND METHOD OF STOCK TRANSFER.  IF WE DON’T KNOW WHO SENT IT, WE CAN’T PROPERLY CREDIT YOU WITH THE GIFT.

The effective date of your stock donation is the date your broker or bank transfers the stock to The Arc Westchester Foundation's account. When you hold the certificate and mail it to JP Morgan Chase with a related Stock Power, the postmark date on the mailing envelope will be the valuation date. In both cases, the value of your donation will be the average of the high and low quotations for the stock on that day on a recognized exchange. For your verification purposes, the federal tax identification number for The Arc Westchester Foundation is 13-4223851.

To learn more, contact Nancy Patota at 914.495.4625 or email [email protected]


 

All Depository Trust Company-eligible & Free transactions should be directed to:

JPMorgan Chase Bank, N.A.
DTC Participant number 902
FFC to Account Number P72500
Account Number – S29190006
For Account of – Westchester Arc Foundation Inc.

All Federal Reserve-eligible U.S. Government transactions should be directed to:

JPMCHASE/CUST
ABA#-021000021
FFC to Account Number P72500
Account Number – S29190006
For Account of – Westchester Arc Foundation Inc.

All Physical transactions outside the state of New York should be directed to:

JPMorgan Chase Bank, N.A.
Attn: Physical Processing
500 Stanton Christiana  Road, Ops 3, 2nd Floor
Newark, DE 19713-2107
Account Number – S29190006
For Account of – Westchester Arc Foundation Inc.

All Physical transactions in the state of New York should be directed to:

JPMorgan Chase Bank, N.A.
Attn: Physical Receive Department
4 Chase Metrotech Center, 3rd Floor
Brooklyn, NY 11245-0001
Account Number – S29190006
For Account of – Westchester Arc Foundation Inc.

All Physical Street deliveries (via third party messenger or walk-up) should be directed to:

JPMorgan Chase Bank, N.A.
Attn: Physical Receive Department
4 Chase Metrotech Center, 1st Floor, Window #5
Brooklyn, NY 11245-0001
(Use Willoughby Street Entrance)
Internal Account Number: P72500
Account Number – S29190006
For Account of – Westchester Arc Foundation Inc.