Gifts in the Form of Stock
If you wish to make a special gift to St. Timothy's or to pay your pledge to the Every Member Canvass (EMC) by transfer of shares of stock of a public company, held in street name in your brokerage account, please follow these procedures (please note the new DTC and account numbers):
Request your broker to deliver shares of the designted company's stock to DTC (Depository Trust Co.) Participant #0226 (PNC Investments) for the account of St. Timothy's Episcopal Church, Number 005946346. In addition, tell Ruth Franke, Parish Administrator (474-4445, email@example.com) or Jerry Eichert, Pledge Treasurer, that you have initiated this action and what stock is being transferred so they can identify the contribution when received in the church's account. If your brokerage account is in PNC, just have the transfer made to St. Timothy's account there, and notify Ruth or Jerry of your action.
If you contribute stock registered in your name, rather that that held for you by a broker, take the stock certificate(s) to a bank, and, in the presence of a bank representative, either sign the assignment form on the back of the certificate(s), or sign a separate assignment form. Be sure the bank representative then attests the authenticity of your signature(s). It's preferable to sign the separate assignment form to preclude an unauthorized transfer of your shares. Deliver the shares, with assignment form(s) if applicable, directly to Ruth Franke or Jerry Eichert. If you wish to give mutual fund shares, contact Jerry Eichert.