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Art by: John Israel

Stock Donations

A smart, financial win for all

One of the most financially wise ways to give is through the transfer of stocks.  Donors have the capacity to allow stocks, bonds or any other securities to be transferred as gifts to The Arc Westchester.

Giving the gift of stock 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.

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

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.


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

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