DONATE STOCK TODAY

Your donation of stocks or other securities to United Way of Midland County may yield significant tax advantages to you and greater benefits to your community. When donating stock, most people simply transfer the stock directly to United Way as described below rather than selling it.

Check with your broker or tax advisor to determine if a stock donation makes sense for you.

SECURITIES HELD BY A BANK OR BROKER

Step 1: Let us know to expect your gift.

Step 2: Use this template letter to authorize your broker or financial consultant to transfer the stock as a contribution to United Way of Midland County. If you create your own letter, please be sure to include the following information:

• Stock name or symbol
• Number of shares you wish to donate
• Expected date of transfer
• Your account #
• Your work and home telephone numbers
• Your home address
• United Way of Midland County’s Brokerage Account information (see below)
• Authorization for your broker to disclose your name, and details pertaining to the stock transfer, to United Way.

Step 3: Celebrate! Your gift will make a difference in our community.

SECURITIES HELD IN CERTIFICATE FORM

Step 1: Let us know to expect your gift.

Step 2: Send your certificate without any endorsement to:

United Way of Midland County
Attention:
115 Jerome Street
Midland, MI 48640

Step 3: In a separate envelope, send a blank Stock Power Form (fill in only the signature(s) and the date at the bottom). The certificate is only negotiable when joined with the Stock Power Form.

Step 4: Celebrate! Your gift will make a difference in our community.

Please Note: We recommend the stock certificate and the stock power be sent separately by certified or registered mail for your protection.

BROKERAGE ACCOUNTS

MERRILL LYNCH

DTC # 0161
Account # 6242-4324

Our Advisor’s Name
Email
Phone

WELLS FARGO ADVISORS*

DTC # 0141
Account # 6242-4324

Our Advisor’s Name
Email
Phone

EDWARD D. JONES

DTC # 057
Account # 611-03849-1-1

Our Advisor’s Name
Email
Phone

*Please Note: Wells Fargo is United Way of Midland County’s preferred account.

FREQUENTLY ASKED QUESTIONS

The gift value of the securities is the average of their high and low prices on the date of the transfer. For mutual fund shares, the net asset value (NAV), at the close of business on the date of the gift, is used to establish the value of the donation.

Pursuant to IRS regulations, the effective date of the gift for valuation and charitable deduction purposes is the date the securities are transferred into United Way’s brokerage account or delivered in certificate form to United Way. If the transfer needs to be made by a specific date, please allow sufficient time for DTC transfer to take place.

If you sell your stock, you will forfeit a portion of the proceeds to taxes. One easy way to help United Way’s mission — and your finances — is to make a gift of appreciated stock (securities that have been held for longer than one year). When you donate stock, you’re unburdening yourself of future taxes that are embedded in the stock, so you can give more, and still have your gift “cost” less.

Additionally, if you are still enjoying the benefits of holding your appreciated stock but looking for a way to avoid estate tax in the future, a stock bequest is a good choice. In your will or trust, you can include instructions for transferring your stock to United Way. Your estate will benefit from a charitable deduction that will lessen the impact of taxes on your estate and your heirs.

We encourage you to check with your broker or tax advisor to determine if a stock donation makes sense for you.

If giving mutual fund shares, you should work with your broker or mutual fund and United Way of Midland County to have the shares re-registered in United Way of Midland County’s name.

United Way of Midland County’s federal tax identification number is #38-1434224.