Gifts of Stocks and Securities
The Museum welcomes gifts of stock, securities, and other appreciated assets. These gifts may allow for the avoidance of capital gains taxes and provide a charitable deduction for the full fair market value of the donation.
Instructions for Stock Transfers
To initiate a transfer of stock or securities held by a brokerage firm or commercial bank, please notify your broker or bank that you intend to transfer securities to the Museum. This can often be done online. Your broker or bank will need the information below to complete this transaction.
- Brokerage Name: Morgan Stanley Smith Barney
- For the Benefit of: Museum of Life and Science
- Museum Account #: 760 - 108534
- Broker DTC #: 0015
- EIN #: 56-0938434
Important Instructions for Donors
Please also notify the Museum about your gift. The information below will help us to track your gift and thank you as soon as possible.
- Your name and contact information
- The number and types of shares
Note: if your stock is in certificate form (rather than in an account at a financial firm), you will need to go to a Morgan Stanley office to deposit the shares into our account. It is important to do this in person to avoid sending endorsed stock certificates through the mail.
The Museum’s Contacts @ Morgan Stanley are:
Sean Fenton (919) 490-7113
Ward Flintom (919) 490-7188
Joe Helmy (919) 490-7164
Stock Valuation for the Museum: The Museum values your gift for recognition purposes based on the average share price on the date of sale.
Stock Valuation for Donors: Donors may choose one of several methods to value their stock gift for IRS tax purposes. Please consult with your tax advisor. We are happy to provide you with the high/low and median figures from the date of sale for discussion with your advisor.
Kiplinger's financial website has information to help you decide whether it is better to make a donation of stock or cash. The Motley Fool also has general information on charitable contributions of stock. Please always consult your own tax planner or financial advisor before making such donations.
For all other questions, please contact:
Vice President for Advancement
919.220-5429 x 317
Sarah Leach Smith
919.220.5429 x 257